Wells County Council on Aging Inc

Analysis

Wells County Council on Aging Inc is a registered charity in United States, based in Bluffton, IN. It received its IRS tax-exemption ruling in August 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, Wells County Council on Aging Inc reported income of $856k and spending of $804k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $676k to $856k (+27%), an average of +6.1% a year. 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, Wells County Council on Aging Inc 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 Love-N-Home Child Care Inc ($856k), South Lane Wheels Inc ($856k) and Good Samaritan Inn ($856k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $75k (9.3% of expenses). Other salaries and wages came to $454k. At year end it held assets of $1.5m against liabilities of $7,300, net assets of $1.5m. It reported 26 employees.