Knox County Council on Aging

Analysis

Knox County Council on Aging is a registered charity in United States, based in Edina, MO. It received its IRS tax-exemption ruling in May 1987, 39 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 2024, Knox County Council on Aging reported income of $165k and spending of $169k, spending 102% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $144k to $165k (+15%), an average of +3.5% a year. The sharpest change came in the year to June 2021, when income rose by 35%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Knox County Council on Aging sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within MO. Charities of a similar size with the same main cause include Cozy Coats for Kids Inc ($165k), Texas Private School Music Educators Association ($165k) and Centerville Youth League Inc ($165k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 8.4% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $32k (19% of expenses). Other salaries and wages came to $55k. At year end it held assets of $145k against liabilities of $2,164, net assets of $143k. It reported 6 employees.