Nebraska Association of Area Agencies on Aging Inc

Analysis

Nebraska Association of Area Agencies on Aging Inc is a registered charity in United States, based in Kearney, NE. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Nebraska Association of Area Agencies on Aging Inc reported income of $51k and spending of $65k, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $184k to $51k (-73%), an average of -28% a year. The sharpest change came in the year to December 2021, when income dropped by 53%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nebraska Association of Area Agencies on Aging Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 17th percentile within NE. Charities of a similar size with the same main cause include Friends Community Social Club Inc ($50k), Kiwanis Club of West San Jose Foundation Inc ($51k) and Assignments International Inc ($50k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $41k against liabilities of $0, net assets of $41k.