Laurel County Older Persons Activity Center Inc

Analysis

Laurel County Older Persons Activity Center Inc is a registered charity in United States, based in London, KY. It received its IRS tax-exemption ruling in June 1985, 41 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 June 2023, Laurel County Older Persons Activity Center Inc reported income of $679k and spending of $528k, leaving 22% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $506k to $679k (+34%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 19%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Laurel County Older Persons Activity Center 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 75th percentile, and in the 75th percentile within KY. Charities of a similar size with the same main cause include Rout County Council on Aging Inc ($679k), Arizona Brainfood Inc ($679k) and Trucare Network ($679k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $179k. At year end it held assets of $666k against liabilities of $11k, net assets of $656k.