Isanti County Commission on Aging

Analysis

Isanti County Commission on Aging is a registered charity in United States, based in Cambridge, MN. It received its IRS tax-exemption ruling in August 1988, 38 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, Isanti County Commission on Aging reported income of $211k and spending of $211k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $149k to $211k (+41%), an average of +9.0% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Isanti County Commission on Aging sits at the 54th percentile: it is larger than about 54% 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 Little League Baseball Inc ($211k), Northern Virginia Lions Youth Camp Inc ($211k) and Somerset County Park Foundation ($211k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. Other salaries and wages came to $94k. At year end it held assets of $124k against liabilities of $0, net assets of $124k. It reported 12 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.