Western Illinois Agency on Aging Inc

Analysis

Western Illinois Agency on Aging Inc is a registered charity in United States, based in Rock Island, IL. It received its IRS tax-exemption ruling in September 1981, 45 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 September 2023, Western Illinois Agency on Aging Inc reported income of $8.3m and spending of $8.3m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $5.1m to $8.3m (+64%), an average of +13% a year. The sharpest change came in the year to September 2020, when income rose by 27%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Western Illinois Agency 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 IL. Charities of a similar size with the same main cause include The Wellspring Alliance for Families Inc ($8.3m), Gibson County Area Rehabilitation Centers Inc ($8.3m) and Family & Childrens Services of Central Maryland Inc ($8.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $214k (2.6% of expenses). Other salaries and wages came to $395k. At year end it held assets of $2.8m against liabilities of $2.0m, net assets of $738k. It reported 11 employees.