Tippecanoe County Council on Aging Inc

Analysis

Tippecanoe County Council on Aging Inc is a registered charity in United States, based in Lafayette, IN. It received its IRS tax-exemption ruling in September 1973, 53 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, Tippecanoe County Council on Aging Inc reported income of $1.0m and spending of $903k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $594k to $1.0m (+69%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 39%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tippecanoe County Council on Aging Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within IN. Charities of a similar size with the same main cause include Angie Edwards Residential Services ($1.0m), Nirs Research and Education Fund ($1.0m) and Hope for Tomorrow Child & Family Ministries ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $74k (8.2% of expenses). Other salaries and wages came to $176k. At year end it held assets of $1.0m against liabilities of $65k, net assets of $939k. It reported 7 employees.