Southeastern Illinois Agency on Aging Inc

Analysis

Southeastern Illinois Agency on Aging Inc is a registered charity in United States, based in Mount Carmel, IL. It received its IRS tax-exemption ruling in May 1975, 51 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 September 2023, Southeastern Illinois Agency on Aging Inc reported income of $3.6m and spending of $3.4m, spending 95% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.2m to $3.6m (+64%), an average of +13% a year. The sharpest change came in the year to September 2023, when income rose by 46%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southeastern Illinois Agency on Aging Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within IL. Charities of a similar size with the same main cause include Saint Pauls School ($3.6m), Youth Horizons Inc ($3.6m) and New Jersey Citizen Action Education Fund Inc ($3.6m).

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 $80k. At year end it held assets of $567k against liabilities of $463k, net assets of $104k. It reported 7 employees.