Southwestern Indiana Regional Council on Aging Inc

Analysis

Southwestern Indiana Regional Council on Aging Inc is a registered charity in United States, based in Evansville, IN. It received its IRS tax-exemption ruling in June 1975, 51 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 June 2023, Southwestern Indiana Regional Council on Aging Inc reported income of $7.7m and spending of $6.7m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.3m to $7.7m (+23%), an average of +5.4% a year. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Southwestern Indiana Regional Council on Aging Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within IN. Charities of a similar size with the same main cause include RGRPS Inc ($7.7m), Young Mens Christian Association of Keystone Crossroads ($7.7m) and Las Cumbres Community Services Inc ($7.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 65% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $547k (8.1% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $6.1m against liabilities of $1.2m, net assets of $4.8m. It reported 136 employees.