Gillespie County Committee on Aging

Analysis

Gillespie County Committee on Aging is a registered charity in United States, based in Fredericksbrg, TX. It received its IRS tax-exemption ruling in June 1977, 49 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, Gillespie County Committee on Aging reported income of $997k and spending of $720k, leaving 28% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $656k to $997k (+52%), an average of +11% a year. The sharpest change came in the year to September 2020, when income rose by 31%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Gillespie County Committee on Aging sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within TX. Charities of a similar size with the same main cause include Peoples Institute of Northhampton Inc ($996k), Denver Area Youth Services ($997k) and Community Food Basket ($996k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 72% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $61k (8.5% of expenses). Other salaries and wages came to $18k. At year end it held assets of $2.8m against liabilities of $13k, net assets of $2.8m. It reported 12 employees.