Jackson Council on Aging

Analysis

Jackson Council on Aging is a registered charity in United States, based in Jonesboro, LA. It received its IRS tax-exemption ruling in February 1970, 56 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, Jackson Council on Aging reported income of $823k and spending of $845k, spending 103% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $812k to $823k (+1.4%), an average of +0.5% a year. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jackson Council on Aging sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within LA. Charities of a similar size with the same main cause include Friends of the Four Homes of Mercy ($823k), Wausaukee Rescue Squad Inc ($823k) and Habonim Labor Zionist Youth ($823k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 3.1% of the total. Compensation of current officers, directors and key employees was $62k (7.3% of expenses). Other salaries and wages came to $390k. At year end it held assets of $4.3m against liabilities of $60k, net assets of $4.3m. It reported 15 employees.