Cook County Council on Aging Inc

Analysis

Cook County Council on Aging Inc is a registered charity in United States, based in Grand Marais, MN. It received its IRS tax-exemption ruling in May 1979, 47 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 December 2023, Cook County Council on Aging Inc reported income of $208k and spending of $329k, spending 158% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $312k to $208k (-33%), an average of -9.7% a year. The sharpest change came in the year to December 2023, when income dropped by 49%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cook County Council on Aging Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within MN. Charities of a similar size with the same main cause include Ventures for Christ Inc ($208k), Warrior Strong Inc ($208k) and Otherworld Media Inc ($208k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 38% of the total. Other salaries and wages came to $90k. At year end it held assets of $205k against liabilities of $7,434, net assets of $198k. It reported 4 employees.