Adams County Council for Aging Inc

Analysis

Adams County Council for Aging Inc is a registered charity in United States, based in Decatur, IN. It received its IRS tax-exemption ruling in December 1975, 51 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Adams County Council for Aging Inc reported income of $429k and spending of $498k, spending 116% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $237k to $429k (+81%), an average of +81% a year. The sharpest change came in the year to December 2023, when income rose by 81%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Adams County Council for Aging Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within IN. Charities of a similar size with the same main cause include Tri-County Family Justice Center Ofnortheast New Mexico Inc ($429k), Macomb Charitable Foundation ($429k) and Visitation House Inc ($429k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.4% of the total. Compensation of current officers, directors and key employees was $41k (8.1% of expenses). Other salaries and wages came to $111k. At year end it held assets of $341k against liabilities of $81, net assets of $341k. It reported 10 employees.