Jasper Co Committee on Aging Inc

Analysis

Jasper Co Committee on Aging Inc is a registered charity in United States, based in Jasper, TX. It received its IRS tax-exemption ruling in September 1985, 41 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 September 2023, Jasper Co Committee on Aging Inc reported income of $371k and spending of $467k, spending 126% of what it took in. Across the 4 years on record, from September 2020 to September 2023, income fell from $494k to $371k (-25%), an average of -9.1% a year. The sharpest change came in the year to September 2022, when income dropped by 21%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jasper Co Committee on Aging Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 70th percentile within TX. Charities of a similar size with the same main cause include Clifton Christian Church Food Bank ($371k), Safe in Lenoir County Inc ($371k) and World Impact Network ($371k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $194k. At year end it held assets of $504k against liabilities of $4,606, net assets of $500k.