Walton County Citizens Advisory Council on Aging Inc

Analysis

Walton County Citizens Advisory Council on Aging Inc is a registered charity in United States, based in Defuniak SPGS, FL. It received its IRS tax-exemption ruling in October 2002, 24 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 December 2023, Walton County Citizens Advisory Council on Aging Inc reported income of $1.5m and spending of $1.5m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.5m (+49%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 51%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Walton County Citizens Advisory Council on Aging Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within FL. Charities of a similar size with the same main cause include Prospera North Carolina LLC ($1.5m), Vernon Continuing Care Homes Inc ($1.5m) and A New Hope Center Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.0% of the total. Other salaries and wages came to $641k. At year end it held assets of $1.6m against liabilities of $134k, net assets of $1.4m. It reported 63 employees.