Osceola County Council on Aging Inc

Analysis

Osceola County Council on Aging Inc is a registered charity in United States, based in Kissimmee, FL. It received its IRS tax-exemption ruling in September 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 December 2023, Osceola County Council on Aging Inc reported income of $17.7m and spending of $15.4m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.1m to $17.7m (+119%), an average of +22% a year. The sharpest change came in the year to December 2020, when income rose by 53%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Osceola County Council on Aging Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within FL. Charities of a similar size with the same main cause include Tri-Cities Chaplaincy ($17.7m), The Mandel Jewish Community Center of Cleveland ($17.7m) and The Arc Caddo-Bossier ($17.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $210k (1.4% of expenses). Other salaries and wages came to $5.9m. At year end it held assets of $16.3m against liabilities of $2.3m, net assets of $14.0m. It reported 261 employees.