Lafayette Parish Council on Aging Inc

Analysis

Lafayette Parish Council on Aging Inc is a registered charity in United States, based in Lafayette, LA. It received its IRS tax-exemption ruling in March 1973, 53 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 2024, Lafayette Parish Council on Aging Inc reported income of $1.5m and spending of $1.9m, spending 126% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $1.6m to $1.5m (-5.1%), an average of -1.0% a year. The sharpest change came in the year to June 2021, when income rose by 33%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Lafayette Parish Council on Aging Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within LA. Charities of a similar size with the same main cause include Cultivate Kansas City Inc ($1.5m), Womens Fund of Western Massachusetts ($1.5m) and West End Community Center Inc ($1.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 130% and program service revenue 4.6% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $7.0m against liabilities of $1.8m, net assets of $5.1m. It reported 74 employees.