Missouri Association of Area Agencies on Aging

Analysis

Missouri Association of Area Agencies on Aging is a registered charity in United States, based in Jefferson City, MO. It received its IRS tax-exemption ruling in October 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, Missouri Association of Area Agencies on Aging reported income of $2.2m and spending of $2.1m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $934k to $2.2m (+137%), an average of +24% a year. The sharpest change came in the year to June 2023, when income rose by 69%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Missouri Association of Area Agencies on Aging sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within MO. Charities of a similar size with the same main cause include Family Network on Disabilities of Florida Inc ($2.2m), Diocese of Cleveland Facilities Services Corporation ($2.2m) and Presbyterian & Reformed Publishing Co ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $102k (4.8% of expenses). At year end it held assets of $1.0m against liabilities of $588k, net assets of $439k. It reported 1 employees.