Shenandoah Area Agency on Aging Inc

Analysis

Shenandoah Area Agency on Aging Inc is a registered charity in United States, based in Front Royal, VA. It received its IRS tax-exemption ruling in December 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, Shenandoah Area Agency on Aging Inc reported income of $3.4m and spending of $2.9m, spending 86% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.7m to $3.4m (+26%), an average of +5.9% a year. The sharpest change came in the year to September 2023, when income rose by 32%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Shenandoah Area Agency on Aging Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within VA. Charities of a similar size with the same main cause include Ggi Ability Services Inc ($3.4m), Aiken Area Council on Aging Inc ($3.4m) and Slovak Garden a Home for American Slovaks ($3.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $194k (6.6% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $2.2m against liabilities of $387k, net assets of $1.8m. It reported 55 employees.