Northeastern Illinois Area Agency on Aging

Analysis

Northeastern Illinois Area Agency on Aging is a registered charity in United States, based in Lombard, IL. It received its IRS tax-exemption ruling in March 1976, 50 years ago. Its declared purposes cover food, agriculture and nutrition, 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 September 2023, Northeastern Illinois Area Agency on Aging reported income of $32.9m and spending of $30.0m, spending 91% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $19.0m to $32.9m (+73%), an average of +15% a year. The sharpest change came in the year to September 2020, when income rose by 52%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Northeastern Illinois Area Agency on Aging sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within IL. Charities of a similar size with the same main cause include Community Child Care Council of Sonoma County Inc ($32.9m), Self-Help for the Elderly ($32.9m) and Real Services Inc ($32.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $1.7m. At year end it held assets of $11.9m against liabilities of $5.0m, net assets of $6.8m. It reported 32 employees.