Agewise Living Inc

Analysis

Agewise Living Inc is a registered charity in United States, based in Sterling, KS. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, Agewise Living Inc reported income of $4.8m and spending of $4.6m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.5m to $4.8m (+89%), an average of +17% a year. The sharpest change came in the year to December 2020, when income rose by 36%. Over the whole period it spent 88% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Agewise Living Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within KS. Charities of a similar size with the same main cause include WRC Health Care Support Services ($4.8m), Starting Over Inc ($4.8m) and New Hope Housing Inc ($4.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 81% of the total. Other salaries and wages came to $2.0m. At year end it held assets of $2.6m against liabilities of $536k, net assets of $2.1m. It reported 102 employees.