Fulton County Council on Aging Inc

Analysis

Fulton County Council on Aging Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in January 1981, 45 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 June 2021, Fulton County Council on Aging Inc reported income of $100k and spending of $129k, spending 129% of what it took in. Across the 3 years on record, from June 2019 to June 2021, income fell from $198k to $100k (-50%), an average of -29% a year. The sharpest change came in the year to June 2021, when income dropped by 61%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fulton County Council on Aging Inc sits at the 37th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within GA. Charities of a similar size with the same main cause include Tax and Legal Service Inc ($100k), Familia Center ($100k) and Appalachian Center for Hope Inc ($100k).

On its Form 990 for the period ending June 2021, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $45k (35% of expenses). Other salaries and wages came to $49k. At year end it held assets of $70k against liabilities of $11k, net assets of $60k. It reported 4 employees.