White River Area Agency on Aging Inc

Analysis

White River Area Agency on Aging Inc is a registered charity in United States, based in Batesville, AR. It received its IRS tax-exemption ruling in December 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 June 2023, White River Area Agency on Aging Inc reported income of $20.1m and spending of $19.0m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $21.0m to $20.1m (-4.2%), an average of -1.1% a year. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, White River Area Agency on Aging Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within AR. Charities of a similar size with the same main cause include Valley Health Care Inc ($20.1m), Community Resources for Independence Inc ($20.1m) and Ann Storck Center Inc ($20.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 37% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $348k (1.8% of expenses). Other salaries and wages came to $10.9m. At year end it held assets of $15.8m against liabilities of $6.5m, net assets of $9.3m. It reported 555 employees.