Allen Council on Aging Inc

Analysis

Allen Council on Aging Inc is a registered charity in United States, based in Oakdale, LA. It received its IRS tax-exemption ruling in January 1976, 50 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 2024, Allen Council on Aging Inc reported income of $980k and spending of $867k, spending 88% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $638k to $980k (+54%), an average of +9.0% a year. The sharpest change came in the year to June 2024, when income rose by 35%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Allen Council on Aging Inc 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 79th percentile, and in the 78th percentile within LA. Charities of a similar size with the same main cause include Anchal Inc ($980k), Council of Senior Tyler Countians Inc ($981k) and Broward Childrens Center Suporting Foundation Inc ($980k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 73% and program service revenue 27% of the total. Other salaries and wages came to $355k. At year end it held assets of $819k against liabilities of $19k, net assets of $800k. It reported 30 employees.