Elders Action Network Inc

Analysis

Elders Action Network Inc is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Elders Action Network Inc reported income of $316k and spending of $326k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $336k to $316k (-5.7%), an average of -5.7% a year. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Elders Action Network Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Len Ragozin Foundation Inc ($316k), The Lutheran Church of the Resurrec Tion Inc ($316k) and LA Paz Community Inc ($316k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% of the total. Other salaries and wages came to $266k. At year end it held assets of $68k against liabilities of $15k, net assets of $53k.