Agency on Aging Area 4

Analysis

Agency on Aging Area 4 is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in August 1985, 41 years ago. 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, Agency on Aging Area 4 reported income of $20.7m and spending of $20.7m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.5m to $20.7m (+79%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 80%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Agency on Aging Area 4 sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include California-Nev Elec JNT Apprenshp & TRNG TR Fund ($20.7m), The Caring Community of Connecticut Inc ($20.7m) and John a Coleman School ($20.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $288k (1.4% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $9.3m against liabilities of $8.5m, net assets of $788k. It reported 72 employees.