Sabine Council on the Aging Inc

Analysis

Sabine Council on the Aging Inc is a registered charity in United States, based in Many, LA. It received its IRS tax-exemption ruling in April 1970, 56 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 2023, Sabine Council on the Aging Inc reported income of $2.4m and spending of $2.4m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.9m to $2.4m (+31%), an average of +7.0% a year. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sabine Council on the Aging Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within LA. Charities of a similar size with the same main cause include Namm Foundation ($2.4m), Domestic Violence Solutions for Santa Barbara County ($2.4m) and United Community Services of Greater New York Inc ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 5.0% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $6.7m against liabilities of $166k, net assets of $6.5m. It reported 54 employees.