Cajun Area Agency on Aging

Analysis

Cajun Area Agency on Aging is a registered charity in United States, based in Lafayette, LA. It received its IRS tax-exemption ruling in August 1988, 38 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 2024, Cajun Area Agency on Aging reported income of $5.1m and spending of $5.1m, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $4.8m to $5.1m (+8.1%), an average of +2.0% a year. The sharpest change came in the year to June 2021, when income rose by 19%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cajun Area Agency on Aging sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within LA. Charities of a similar size with the same main cause include Quilceda Community Services ($5.1m), Mattern House Inc ($5.1m) and Ascend Dallas ($5.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $326k. At year end it held assets of $6.2m against liabilities of $1.0m, net assets of $5.1m. It reported 6 employees.