East Arkansas Area Agency on Aging Inc

Analysis

East Arkansas Area Agency on Aging Inc is a registered charity in United States, based in Jonesboro, AR. It received its IRS tax-exemption ruling in August 1979, 47 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, East Arkansas Area Agency on Aging Inc reported income of $10.2m and spending of $11.9m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $12.2m to $10.2m (-16%), an average of -4.4% a year. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, East Arkansas Area Agency on Aging Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within AR. Charities of a similar size with the same main cause include Childsavers-Memorial Child Guidance Clinic ($10.2m), Whas Crusade for Children Inc ($10.2m) and Msu Foundation Inc ($10.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $356k (3.0% of expenses). Other salaries and wages came to $4.4m. At year end it held assets of $18.0m against liabilities of $707k, net assets of $17.3m. It reported 282 employees.