Southeast Kansas Area Agency on Aging Inc

Analysis

Southeast Kansas Area Agency on Aging Inc is a registered charity in United States, based in Chanute, KS. It received its IRS tax-exemption ruling in February 1982, 44 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 September 2023, Southeast Kansas Area Agency on Aging Inc reported income of $4.5m and spending of $4.2m, spending 93% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.8m to $4.5m (+60%), an average of +12% a year. The sharpest change came in the year to September 2022, when income rose by 19%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Southeast Kansas Area Agency on Aging Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within KS. Charities of a similar size with the same main cause include Kosciusko Community Y M C a Inc ($4.5m), Laurel House ($4.5m) and Donald and Carole Chaiken Foundation ($4.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 59% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $92k (2.2% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $2.6m against liabilities of $485k, net assets of $2.2m. It reported 87 employees.