Bossier Council on the Aging Inc

Analysis

Bossier Council on the Aging Inc is a registered charity in United States, based in Bossier City, LA. It received its IRS tax-exemption ruling in June 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, Bossier Council on the Aging Inc reported income of $1.3m and spending of $1.3m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $1.3m (+13%), an average of +3.1% a year. The sharpest change came in the year to June 2023, when income dropped by 28%. 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, Bossier Council on the Aging Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within LA. Charities of a similar size with the same main cause include Viva Pima ($1.3m), Justins Place ($1.3m) and McDowell Lfac ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 0.0% of the total. Other salaries and wages came to $513k. At year end it held assets of $1.4m against liabilities of $174k, net assets of $1.2m. It reported 39 employees.