Lee County Council on Aging

Analysis

Lee County Council on Aging is a registered charity in United States, based in Dixon, IL. It received its IRS tax-exemption ruling in September 2001, 25 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 June 2023, Lee County Council on Aging reported income of $550k and spending of $428k, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $739k to $550k (-26%), an average of -7.1% a year. The sharpest change came in the year to June 2020, when income dropped by 40%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lee County Council on Aging sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within IL. Charities of a similar size with the same main cause include South Side Farms ($550k), United Way of Wilson County ($550k) and Farm to Table Buy Local ($550k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 3.8% of the total. Compensation of current officers, directors and key employees was $57k (13% of expenses). Other salaries and wages came to $197k. At year end it held assets of $864k against liabilities of $120k, net assets of $745k. It reported 22 employees.