Mercer County Council on Aging Inc

Analysis

Mercer County Council on Aging Inc is a registered charity in United States, based in Princeton, MO. It received its IRS tax-exemption ruling in December 1976, 50 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, Mercer County Council on Aging Inc reported income of $260k and spending of $255k, spending 98% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $228k to $260k (+14%), an average of +14% a year. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mercer County Council on Aging Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within MO. Charities of a similar size with the same main cause include Magnificat Central Service Team ($260k), Poland-Boardman Child Care Center ($260k) and Georgia Hospice and Palliative Care Organization Inc ($260k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 35% and program service revenue 57% of the total. Other salaries and wages came to $107k. At year end it held assets of $45k against liabilities of $7,649, net assets of $37k. It reported 12 employees.