Jefferson Council on Aging

Analysis

Jefferson Council on Aging is a registered charity in United States, based in Metairie, LA. It received its IRS tax-exemption ruling in November 1971, 55 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, Jefferson Council on Aging reported income of $7.1m and spending of $7.2m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.9m to $7.1m (+21%), an average of +5.0% a year. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jefferson Council on Aging sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within LA. Charities of a similar size with the same main cause include Greencroft Retirement Communities Inc ($7.1m), Lifestream Complete Senior Living Inc ($7.1m) and Young Mens Christian Association of Northern Middlesex County Inc ($7.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 6.1% of the total. Other salaries and wages came to $2.3m. At year end it held assets of $2.4m against liabilities of $819k, net assets of $1.5m. It reported 223 employees.