Putnam County Council on the Aging and Aged Inc

Analysis

Putnam County Council on the Aging and Aged Inc is a registered charity in United States, based in Greencastle, IN. It received its IRS tax-exemption ruling in March 1977, 49 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, Putnam County Council on the Aging and Aged Inc reported income of $98k and spending of $91k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $89k to $98k (+9.9%), an average of +2.4% a year. The sharpest change came in the year to December 2021, when income rose by 67%. 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, Putnam County Council on the Aging and Aged Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within IN. Charities of a similar size with the same main cause include Volunteers of America Inc ($98k), Seattle Childrens Hospital ($98k) and Emergency Nurses Association ($98k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% of the total. Other salaries and wages came to $41k. At year end it held assets of $356k against liabilities of $0, net assets of $356k. It reported 5 employees.