Rice County Council on Aging

Analysis

Rice County Council on Aging is a registered charity in United States, based in Lyons, KS. It received its IRS tax-exemption ruling in July 1985, 41 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 December 2023, Rice County Council on Aging reported income of $699k and spending of $689k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $603k to $699k (+16%), an average of +3.8% a year. The sharpest change came in the year to December 2020, when income rose by 36%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rice County Council on Aging sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within KS. Charities of a similar size with the same main cause include American Board of Funeral Service Education Inc ($699k), Association for Christian Conferences Teaching and Service I ($699k) and Big Brothers-Big Sisters Foundation of the Suncoast Inc ($699k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $81k (12% of expenses). Other salaries and wages came to $371k. At year end it held assets of $914k against liabilities of $48k, net assets of $866k. It reported 17 employees.