Area Office on Aging of Northwestern Ohio Inc

Analysis

Area Office on Aging of Northwestern Ohio Inc is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in September 1980, 46 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Area Office on Aging of Northwestern Ohio Inc reported income of $37.3m and spending of $36.6m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $32.6m to $37.3m (+14%), an average of +3.4% a year. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Area Office on Aging of Northwestern Ohio Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within OH. Charities of a similar size with the same main cause include Developmental Disabilities Center ($37.3m), Casa Pacifica Centers for Children and Families ($37.3m) and Childrens Friend and Service ($37.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $315k (0.9% of expenses). Other salaries and wages came to $10.8m. At year end it held assets of $15.5m against liabilities of $8.5m, net assets of $7.0m. It reported 269 employees.