Trident Area Agency on Aging Inc

Analysis

Trident Area Agency on Aging Inc is a registered charity in United States, based in North Charleston, SC. It received its IRS tax-exemption ruling in February 1992, 34 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 June 2023, Trident Area Agency on Aging Inc reported income of $6.6m and spending of $6.6m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.0m to $6.6m (+31%), an average of +7.0% a year. The sharpest change came in the year to June 2022, when income rose by 15%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Trident Area Agency on Aging Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within SC. Charities of a similar size with the same main cause include Connexus Incorporated ($6.6m), Parenting with Intent ($6.6m) and City Care Inc ($6.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $92k (1.4% of expenses). Other salaries and wages came to $750k. At year end it held assets of $1.2m against liabilities of $812k, net assets of $421k. It reported 15 employees.