Area I Agency on Aging

Analysis

Area I Agency on Aging is a registered charity in United States, based in Eureka, CA. It received its IRS tax-exemption ruling in February 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, Area I Agency on Aging reported income of $3.4m and spending of $3.3m, spending 98% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.7m to $3.4m (+96%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 31%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Area I Agency on Aging sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Pender Adult Services Inc ($3.4m), Vivint Gives Back ($3.4m) and Supportone Inc ($3.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $104k (3.2% of expenses). Other salaries and wages came to $963k. At year end it held assets of $1.6m against liabilities of $600k, net assets of $996k. It reported 29 employees.