Acociacion Nacional Pro Personas Mayores

Analysis

Acociacion Nacional Pro Personas Mayores is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in December 1975, 51 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, Acociacion Nacional Pro Personas Mayores reported income of $10.0m and spending of $10.3m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $15.8m to $10.0m (-37%), an average of -11% a year. The sharpest change came in the year to June 2022, when income dropped by 23%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Acociacion Nacional Pro Personas Mayores sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include United Community Corporation ($10.0m), Counseling & Family Services of Peoria Il Inc ($10.0m) and Chi Management Incorporated ($10.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $209k (2.0% of expenses). Other salaries and wages came to $7.0m. At year end it held assets of $3.2m against liabilities of $2.5m, net assets of $742k. It reported 981 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.