Cameron Council on the Aging Inc

Analysis

Cameron Council on the Aging Inc is a registered charity in United States, based in Lake Charles, LA. It received its IRS tax-exemption ruling in February 1977, 49 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, Cameron Council on the Aging Inc reported income of $788k and spending of $933k, spending 118% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $530k to $788k (+49%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 87%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cameron Council on the 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 76th percentile, and in the 75th percentile within LA. Charities of a similar size with the same main cause include Big Brothers-Big Sisters of San Luis Obispo County ($787k), Casas Del Rio ($788k) and The Root Cellar ($787k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $252k. At year end it held assets of $1.4m against liabilities of $151k, net assets of $1.2m. It reported 15 employees.