Rout County Council on Aging Inc

Analysis

Rout County Council on Aging Inc is a registered charity in United States, based in Steamboat SPR, CO. 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 December 2023, Rout County Council on Aging Inc reported income of $679k and spending of $611k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $470k to $679k (+44%), an average of +9.6% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rout County Council on Aging Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within CO. Charities of a similar size with the same main cause include Trucare Network ($679k), Laurel County Older Persons Activity Center Inc ($679k) and Freedom Ride Inc ($679k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 7.9% of the total. Compensation of current officers, directors and key employees was $91k (15% of expenses). Other salaries and wages came to $251k. At year end it held assets of $987k against liabilities of $0, net assets of $987k. It reported 23 employees.