St Martin Council on Aging Inc

Analysis

St Martin Council on Aging Inc is a registered charity in United States, based in Breaux Bridge, LA. It received its IRS tax-exemption ruling in June 1985, 41 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, St Martin Council on Aging Inc reported income of $853k and spending of $829k, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $480k to $853k (+77%), an average of +15% a year. The sharpest change came in the year to June 2020, when income rose by 47%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Martin Council on Aging Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within LA. Charities of a similar size with the same main cause include Katie & Thomas Haynes Memorial Educational Fund ($852k), Sullivan County Child Care Council Inc ($853k) and Swedish American Hospital Self Insurance Trust ($852k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. Other salaries and wages came to $392k. At year end it held assets of $368k against liabilities of $82k, net assets of $286k. It reported 32 employees.