Council on Aging Services for Seniors

Analysis

Council on Aging Services for Seniors is a registered charity in United States, based in Santa Rosa, CA. It received its IRS tax-exemption ruling in March 1967, 59 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, Council on Aging Services for Seniors reported income of $6.5m and spending of $5.8m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.2m to $6.5m (+24%), an average of +5.5% a year. The sharpest change came in the year to June 2023, when income rose by 17%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Council on Aging Services for Seniors sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include The Boat Company Ltd ($6.5m), Usf Management Corporation ($6.5m) and Umh JGJ Corp ($6.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% and program service revenue 4.3% of the total. Compensation of current officers, directors and key employees was $164k (2.8% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $10.2m against liabilities of $501k, net assets of $9.7m. It reported 80 employees.