Fulton County Council on Aging

Analysis

Fulton County Council on Aging is a registered charity in United States, based in Rochester, IN. It received its IRS tax-exemption ruling in July 1979, 47 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, Fulton County Council on Aging reported income of $861k and spending of $864k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $684k to $861k (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2022, when income rose by 75%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fulton County Council on Aging sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within IN. Charities of a similar size with the same main cause include Nourish Farms Inc ($861k), Grammys House Artesia Domestic ($861k) and Galilee Family Enrichment Center Inc ($861k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 30% of the total. Other salaries and wages came to $369k. At year end it held assets of $1.3m against liabilities of $4,879, net assets of $1.3m. It reported 16 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.