Empowered Aging

Analysis

Empowered Aging is a registered charity in United States, based in Pleasant Hill, CA. It received its IRS tax-exemption ruling in September 1995, 31 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 2022, Empowered Aging reported income of $2.6m and spending of $2.0m, leaving 25% of income unspent that year. Across the 3 years on record, from June 2020 to June 2022, income grew from $1.4m to $2.6m (+80%), an average of +34% a year. The sharpest change came in the year to June 2021, when income rose by 53%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Empowered Aging sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Partners for a Healthier Community Inc ($2.6m), Faith Christian Academy Inc ($2.6m) and Carteret Community College Foundation Inc ($2.6m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 4.5% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $140k (7.2% of expenses). Other salaries and wages came to $935k. At year end it held assets of $1.2m against liabilities of $152k, net assets of $1.0m. It reported 21 employees.