Cenla Area Agency on Aging Inc

Analysis

Cenla Area Agency on Aging Inc is a registered charity in United States, based in Alexandria, LA. It received its IRS tax-exemption ruling in May 1994, 32 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, Cenla Area Agency on Aging Inc reported income of $6.8m and spending of $6.6m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.2m to $6.8m (+115%), an average of +21% a year. The sharpest change came in the year to June 2020, when income rose by 63%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cenla Area Agency on Aging Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within LA. Charities of a similar size with the same main cause include Hospice Longview Inc ($6.8m), Denver Indian Health and Family Services Inc ($6.8m) and Catholic Charities of the Diocese of Fort Wayne-South Bend Inc ($6.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $95k (1.4% of expenses). Other salaries and wages came to $463k. At year end it held assets of $2.2m against liabilities of $909k, net assets of $1.3m. It reported 18 employees.