Claiborne Voluntary Council on the Aging Inc

Analysis

Claiborne Voluntary Council on the Aging Inc is a registered charity in United States, based in Homer, LA. It received its IRS tax-exemption ruling in April 1975, 51 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, Claiborne Voluntary Council on the Aging Inc reported income of $464k and spending of $430k, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $332k to $464k (+40%), an average of +8.7% a year. The sharpest change came in the year to June 2020, when income rose by 27%. 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, Claiborne Voluntary Council on the Aging Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within LA. Charities of a similar size with the same main cause include Pineland Early Learning Center Inc ($464k), Anchor Lancaster ($464k) and Tarp Inc ($464k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. Other salaries and wages came to $161k. At year end it held assets of $376k against liabilities of $252, net assets of $375k. It reported 11 employees.