Richland Voluntary Council on Aging Inc

Analysis

Richland Voluntary Council on Aging Inc is a registered charity in United States, based in Rayville, LA. It received its IRS tax-exemption ruling in November 1991, 35 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, Richland Voluntary Council on Aging Inc reported income of $335k and spending of $321k, spending 96% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $303k to $335k (+11%), an average of +3.4% a year. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Richland Voluntary Council on Aging Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within LA. Charities of a similar size with the same main cause include Geeta Ramayan Group of Greater St Louis ($335k), Metro Youth Football Association Inc ($336k) and Contra Costa Midrasha ($335k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $34k (11% of expenses). Other salaries and wages came to $123k. At year end it held assets of $358k against liabilities of $31k, net assets of $327k. It reported 10 employees.