California Association of Area Agencies on Aging

Analysis

California Association of Area Agencies on Aging is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in December 1998, 28 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, California Association of Area Agencies on Aging reported income of $653k and spending of $541k, spending 83% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $293k to $653k (+123%), an average of +31% a year. The sharpest change came in the year to June 2023, when income rose by 72%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, California Association of Area Agencies on Aging sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Trident Urban League Inc ($653k), Legacy Mission Village ($654k) and Central Advisory Council Inc ($653k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $147k (27% of expenses). At year end it held assets of $522k against liabilities of $3,903, net assets of $518k. It reported 1 employees.