Ohio District 5 Area Agency on Aging Inc

Analysis

Ohio District 5 Area Agency on Aging Inc is a registered charity in United States, based in Ontario, OH. It received its IRS tax-exemption ruling in March 1990, 36 years ago. 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, Ohio District 5 Area Agency on Aging Inc reported income of $40.3m and spending of $39.4m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $37.9m to $40.3m (+6.3%), an average of +1.5% a year. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ohio District 5 Area Agency on Aging Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within OH. Charities of a similar size with the same main cause include Charles River Center Inc ($40.3m), Camuy Health Services Inc ($40.3m) and The Young Mens Christian Association of Boise City Idaho ($40.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 9.4% of the total. Compensation of current officers, directors and key employees was $395k (1.0% of expenses). Other salaries and wages came to $6.5m. At year end it held assets of $15.5m against liabilities of $6.1m, net assets of $9.4m. It reported 196 employees.