Nantucket Center for Elder Affairs Inc

Analysis

Nantucket Center for Elder Affairs Inc is a registered charity in United States, based in Nantucket, MA. It received its IRS tax-exemption ruling in July 1976, 50 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 June 2023, Nantucket Center for Elder Affairs Inc reported income of $80k and spending of $66k, spending 82% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $78k to $80k (+3.1%), an average of +1.0% a year. The sharpest change came in the year to June 2022, when income rose by 68%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nantucket Center for Elder Affairs Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 39th percentile within MA. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($80k), Little League Baseball Inc ($80k) and Friends of Silence ($80k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 109% of the total. At year end it held assets of $562k against liabilities of $0, net assets of $562k.