Presque Isle County Council on Ageing

Analysis

Presque Isle County Council on Ageing is a registered charity in United States, based in Posen, MI. It received its IRS tax-exemption ruling in September 1976, 50 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, Presque Isle County Council on Ageing reported income of $1.1m and spending of $889k, leaving 21% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $981k to $1.1m (+15%), an average of +3.6% a year. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Presque Isle County Council on Ageing 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 81st percentile, and in the 81st percentile within MI. Charities of a similar size with the same main cause include Los Angeles Police Memorial ($1.1m), Pro-Life Action Ministries Inc ($1.1m) and Tualatin Hills Swim Club ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 93% and program service revenue 5.4% of the total. Other salaries and wages came to $417k. At year end it held assets of $2.1m against liabilities of $408, net assets of $2.1m. It reported 28 employees.