Mercer County Council on Aging

Analysis

Mercer County Council on Aging is a registered charity in United States, based in Celina, OH. It received its IRS tax-exemption ruling in March 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 March 2024, Mercer County Council on Aging reported income of $1.3m and spending of $1.1m, spending 83% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $1.0m to $1.3m (+25%), an average of +5.6% a year. The sharpest change came in the year to March 2024, when income rose by 30%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mercer County Council on Aging sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within OH. Charities of a similar size with the same main cause include Pin Ministry ($1.3m), Community Day Nursery ($1.3m) and Community Farms Outreach ($1.3m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 79% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $79k (7.4% of expenses). Other salaries and wages came to $562k. At year end it held assets of $4.1m against liabilities of $19k, net assets of $4.1m. It reported 31 employees.