Chickasaw County Council on Aging Inc

Analysis

Chickasaw County Council on Aging Inc is a registered charity in United States, based in New Hampton, IA. It received its IRS tax-exemption ruling in July 1985, 41 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 June 2023, Chickasaw County Council on Aging Inc reported income of $144k and spending of $161k, spending 112% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $99k to $144k (+46%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 69%. Over the whole period it spent 126% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chickasaw County Council on Aging Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within IA. Charities of a similar size with the same main cause include Springtown Educational Foundation of Springtown Texas ($144k), PTA Florida Congress ($144k) and Stephentown Memorial Library ($144k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 23% and program service revenue 76% of the total. Other salaries and wages came to $47k. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m. It reported 3 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.