Kinneret Council on Aging Inc

Analysis

Kinneret Council on Aging Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in August 1997, 29 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 April 2023, Kinneret Council on Aging Inc reported income of $202k and spending of $245k, spending 121% of what it took in. Across the 5 years on record, from April 2019 to April 2023, income grew from $141k to $202k (+44%), an average of +9.5% a year. The sharpest change came in the year to April 2023, when income rose by 75%. Over the whole period it spent 121% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kinneret Council on Aging Inc sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within FL. Charities of a similar size with the same main cause include Promiss ($202k), Country Living Learning Center ($202k) and Sitrin Foundation Inc ($202k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 74% and program service revenue 4.2% of the total. Other salaries and wages came to $134k. At year end it held assets of $1.7m against liabilities of $67k, net assets of $1.6m.