Area II Agency on Aging

Analysis

Area II Agency on Aging is a registered charity in United States, based in Roundup, MT. It received its IRS tax-exemption ruling in April 1982, 44 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, Area II Agency on Aging reported income of $8.2m and spending of $5.7m, leaving 31% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.6m to $8.2m (+77%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 88%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Area II Agency on Aging sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within MT. Charities of a similar size with the same main cause include Jewish Camp and Conference Service Inc ($8.2m), Highfields Inc ($8.2m) and Travis Mills Foundation ($8.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 62% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $74k (1.3% of expenses). Other salaries and wages came to $772k. At year end it held assets of $4.4m against liabilities of $563k, net assets of $3.8m. It reported 61 employees.