Council on Aging of Central Oregon

Analysis

Council on Aging of Central Oregon is a registered charity in United States, based in Bend, OR. It received its IRS tax-exemption ruling in February 1979, 47 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 2023, Council on Aging of Central Oregon reported income of $4.1m and spending of $4.1m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.6m to $4.1m (+56%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 55%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Council on Aging of Central Oregon sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within OR. Charities of a similar size with the same main cause include Riverside Training Centers Inc ($4.1m), DJCC Development Corporation ($4.1m) and Wesley Woods of Athens Inc ($4.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 2.0% of the total. Compensation of current officers, directors and key employees was $87k (2.1% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $5.5m against liabilities of $1.0m, net assets of $4.5m. It reported 42 employees.