South Central Nebraska Area Agency on Aging

Analysis

South Central Nebraska Area Agency on Aging is a registered charity in United States, based in Kearney, NE. It received its IRS tax-exemption ruling in May 1989, 37 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, South Central Nebraska Area Agency on Aging reported income of $3.1m and spending of $2.9m, spending 94% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.3m to $3.1m (+35%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 17%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, South Central Nebraska Area Agency on Aging sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within NE. Charities of a similar size with the same main cause include Glens Falls Independent Living Center Inc ($3.1m), Guadalupe Clinic Inc ($3.1m) and Neighborhood Cooperative Ministries Inc ($3.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $953k. At year end it held assets of $1.1m against liabilities of $203k, net assets of $860k. It reported 19 employees.