Prairie Council on Aging

Analysis

Prairie Council on Aging is a registered charity in United States, based in Jacksonville, IL. It received its IRS tax-exemption ruling in April 1974, 52 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, Prairie Council on Aging reported income of $2.0m and spending of $2.0m, spending 102% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.3m to $2.0m (+55%), an average of +12% a year. The sharpest change came in the year to September 2022, when income rose by 57%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Prairie Council on Aging sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within IL. Charities of a similar size with the same main cause include Spencer Theater for the Performing Arts Inc ($2.0m), Blue Ridge Community College Educational Foundation Inc ($2.0m) and Boston Food Forest Coalition ($2.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 91% and program service revenue 5.0% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $1.9m against liabilities of $89k, net assets of $1.8m. It reported 49 employees.