Catahoula Council on the Aging Inc

Analysis

Catahoula Council on the Aging Inc is a registered charity in United States, based in Jonesville, LA. It received its IRS tax-exemption ruling in September 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, Catahoula Council on the Aging Inc reported income of $293k and spending of $265k, spending 91% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $231k to $293k (+27%), an average of +8.3% a year. The sharpest change came in the year to June 2023, when income rose by 41%. 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, Catahoula Council on the Aging Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within LA. Charities of a similar size with the same main cause include Little League Baseball Inc ($293k), Sikh Foundation of Virginia ($293k) and Friendship Fire Company of Harpers Ferry-Bolivar W Va ($293k).

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 $28k (10% of expenses). Other salaries and wages came to $105k. At year end it held assets of $159k against liabilities of $17k, net assets of $142k. It reported 20 employees.