Tarrant Area Gerontological Society

Analysis

Tarrant Area Gerontological Society is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in August 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Tarrant Area Gerontological Society reported income of $73k and spending of $66k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $77k to $73k (-5.9%), an average of -5.9% a year. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tarrant Area Gerontological Society sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within TX. Charities of a similar size with the same main cause include HR Ranch Inc ($73k), Generations Inc ($73k) and Disability Advocates of Northwest North Carolina Inc ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 5.3% of the total. At year end it held assets of $90k against liabilities of $0, net assets of $90k.