Union Council on Aging Inc

Analysis

Union Council on Aging Inc is a registered charity in United States, based in Farmerville, LA. It received its IRS tax-exemption ruling in December 1974, 52 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, Union Council on Aging Inc reported income of $652k and spending of $635k, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $563k to $652k (+16%), an average of +5.0% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Union Council on Aging Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within LA. Charities of a similar size with the same main cause include Life Support ($652k), Linda Hall Library Foundation ($652k) and Victory Life Church of Corinth ($652k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $63k (9.9% of expenses). Other salaries and wages came to $235k. At year end it held assets of $735k against liabilities of $25k, net assets of $710k. It reported 16 employees.