Older Persons Action Group Inc

Analysis

Older Persons Action Group Inc is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in September 1981, 45 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, Older Persons Action Group Inc reported income of $770k and spending of $332k, leaving 57% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $350k to $770k (+120%), an average of +17% a year. The sharpest change came in the year to June 2024, when income rose by 120%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Older Persons Action Group Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within AK. Charities of a similar size with the same main cause include HT Ministries ($770k), Hereford Sportsplex Inc ($770k) and Foodshed Alliance a NJ Nonprofit Corporation ($770k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 79% and program service revenue 20% of the total. Other salaries and wages came to $77k. At year end it held assets of $798k against liabilities of $44k, net assets of $754k. It reported 2 employees.