Cody Council on Aging Inc

Analysis

Cody Council on Aging Inc is a registered charity in United States, based in Cody, WY. It received its IRS tax-exemption ruling in April 1976, 50 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, Cody Council on Aging Inc reported income of $692k and spending of $734k, spending 106% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $633k to $692k (+9.2%), an average of +2.2% a year. The sharpest change came in the year to September 2021, when income rose by 30%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cody Council on Aging Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within WY. Charities of a similar size with the same main cause include Stoddard County Gospel Mission Inc ($691k), Liberty County Senior Citizens Association Inc ($692k) and Senior Citizens Council of Greater Augusta ($691k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 85% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $46k (6.3% of expenses). Other salaries and wages came to $317k. At year end it held assets of $694k against liabilities of $49k, net assets of $645k. It reported 39 employees.