Missoula Area Agency on Aging

Analysis

Missoula Area Agency on Aging is a registered charity in United States, based in Missoula, MT. It received its IRS tax-exemption ruling in February 1980, 46 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 2024, Missoula Area Agency on Aging reported income of $7.3m and spending of $6.3m, spending 85% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $5.1m to $7.3m (+45%), an average of +9.8% a year. The sharpest change came in the year to June 2021, when income rose by 18%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Missoula Area Agency on Aging sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within MT. Charities of a similar size with the same main cause include Douglas Residents Training Facility Inc ($7.3m), National Fenestration Rating ($7.3m) and Last Mile Education Fund ($7.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 81% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $248k (4.0% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $12.3m against liabilities of $4.1m, net assets of $8.1m. It reported 84 employees.