Natchitoches Parish Council on Aging Inc

Analysis

Natchitoches Parish Council on Aging Inc is a registered charity in United States, based in Natchitoches, LA. It received its IRS tax-exemption ruling in August 1973, 53 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 2024, Natchitoches Parish Council on Aging Inc reported income of $797k and spending of $873k, spending 109% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $699k to $797k (+14%), an average of +3.3% a year. The sharpest change came in the year to June 2021, when income rose by 32%. 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, Natchitoches Parish 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 77th percentile, and in the 75th percentile within LA. Charities of a similar size with the same main cause include Homebase Texas ($797k), International Pediatric Nephrology Association Hospital ($798k) and Chapel-Lakes Area Foundation Inc ($797k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 95% and program service revenue 0.0% of the total. Other salaries and wages came to $277k. At year end it held assets of $1.8m against liabilities of $365k, net assets of $1.5m. It reported 21 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.