Beaches Council on Aging Inc

Analysis

Beaches Council on Aging Inc is a registered charity in United States, based in Jax BCH, FL. It received its IRS tax-exemption ruling in January 1985, 41 years ago. 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, Beaches Council on Aging Inc reported income of $509k and spending of $320k, leaving 37% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $281k to $509k (+81%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Beaches Council on Aging Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 73rd percentile within FL. Charities of a similar size with the same main cause include Training Institute for Mental Health Practitioner ($509k), National Association of Wheat Growers Foundation Inc ($509k) and West Virginia Homes Inc ($509k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Other salaries and wages came to $224k. At year end it held assets of $449k against liabilities of $413, net assets of $449k. It reported 14 employees.