Region IV Area Agency on Aging Inc

Analysis

Region IV Area Agency on Aging Inc is a registered charity in United States, based in St Joseph, MI. It received its IRS tax-exemption ruling in April 1981, 45 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Region IV Area Agency on Aging Inc reported income of $25.6m and spending of $25.2m, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $20.2m to $25.6m (+27%), an average of +6.2% a year. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Region IV Area Agency on Aging Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within MI. Charities of a similar size with the same main cause include Center for Transforming Lives ($25.6m), Villa Nazareth ($25.6m) and Weld Food Bank ($25.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 39% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $171k (0.7% of expenses). Other salaries and wages came to $3.9m. At year end it held assets of $20.1m against liabilities of $2.2m, net assets of $17.8m. It reported 102 employees.