Ravalli County Council on Aging

Analysis

Ravalli County Council on Aging is a registered charity in United States, based in Hamilton, MT. It received its IRS tax-exemption ruling in February 1984, 42 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, Ravalli County Council on Aging reported income of $1.7m and spending of $1.6m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $1.7m (+11%), an average of +2.7% a year. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ravalli County Council on Aging sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within MT. Charities of a similar size with the same main cause include New Community Cinema Club Inc ($1.7m), Maccanon Brown Homeless Sanctuary Inc ($1.7m) and The Chastain School at St John Inc ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $61k (3.9% of expenses). Other salaries and wages came to $629k. At year end it held assets of $4.4m against liabilities of $807k, net assets of $3.6m. It reported 49 employees.