Edwards County Council on Aging

Analysis

Edwards County Council on Aging is a registered charity in United States, based in Albion, IL. It received its IRS tax-exemption ruling in December 1980, 46 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, Edwards County Council on Aging reported income of $1.1m and spending of $538k, leaving 51% of income unspent that year. Across the 4 years on record, from September 2019 to September 2023, income grew from $392k to $1.1m (+182%), an average of +41% a year. The sharpest change came in the year to September 2023, when income rose by 91%. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Edwards County Council on Aging sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within IL. Charities of a similar size with the same main cause include Illinois Scottish Rite Fund ($1.1m), Beraca Baptist Church ($1.1m) and Emmanuel Music Inc ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. Other salaries and wages came to $142k. At year end it held assets of $959k against liabilities of $2,284, net assets of $957k. It reported 23 employees.