Central Illinois Agency on Aging Inc

Analysis

Central Illinois Agency on Aging Inc is a registered charity in United States, based in Peoria, IL. It received its IRS tax-exemption ruling in June 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, Central Illinois Agency on Aging Inc reported income of $6.1m and spending of $6.0m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $4.0m to $6.1m (+52%), an average of +11% a year. The sharpest change came in the year to September 2023, when income rose by 19%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Central 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 93rd percentile, and in the 93rd percentile within IL. Charities of a similar size with the same main cause include Accessible Solutions Brokerage LLC ($6.1m), Save a Childs Heart Foundation US I NC ($6.1m) and YWCA Dayton ($6.1m).

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 $197k (3.3% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $1.1m against liabilities of $450k, net assets of $691k. It reported 66 employees.