Oscoda County Council on Aging

Analysis

Oscoda County Council on Aging is a registered charity in United States, based in Mio, MI. It received its IRS tax-exemption ruling in June 1975, 51 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Oscoda County Council on Aging reported income of $677k and spending of $637k, spending 94% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $442k to $677k (+53%), an average of +11% a year. The sharpest change came in the year to September 2021, when income rose by 43%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oscoda County Council on Aging sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within MI. Charities of a similar size with the same main cause include Shiloh Danieltown Oakland Volunteer Fire Department Inc ($677k), Wallowa Valley Health Care Foundation ($677k) and Hawthorne Corners Day Care Center ($677k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 93% and program service revenue 4.5% of the total. Other salaries and wages came to $346k. At year end it held assets of $524k against liabilities of $26k, net assets of $498k. It reported 22 employees.