Clay County Council on Aging

Analysis

Clay County Council on Aging is a registered charity in United States, based in Spencer, IA. It received its IRS tax-exemption ruling in November 1977, 49 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 June 2023, Clay County Council on Aging reported income of $91k and spending of $102k, spending 112% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $39k to $91k (+136%), an average of +136% a year. The sharpest change came in the year to June 2023, when income rose by 136%. Over the whole period it spent 118% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Clay County Council on Aging sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within IA. Charities of a similar size with the same main cause include Back Mountain Food Pantry ($91k), Caring Hearts Pregnancy Resource Center ($91k) and Morris County Senior Citizens Inc ($91k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 42% and program service revenue 53% of the total. At year end it held assets of $292k against liabilities of $0, net assets of $292k.