Huntington Beach Council on Aging

Analysis

Huntington Beach Council on Aging is a registered charity in United States, based in Huntingtn BCH, CA. It received its IRS tax-exemption ruling in June 1978, 48 years ago. 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, Huntington Beach Council on Aging reported income of $382k and spending of $388k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $424k to $382k (-10%), an average of -2.6% a year. The sharpest change came in the year to December 2020, when income dropped by 52%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Huntington Beach Council on Aging sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Growing Tree Inc ($382k), Acorn Foundation ($382k) and Resonance Project Foundation ($382k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 66% of the total. At year end it held assets of $477k against liabilities of $26k, net assets of $451k.