Advent Christian Retirement Communities Inc

Analysis

Advent Christian Retirement Communities Inc is a registered charity in United States, based in Kittery, ME. It received its IRS tax-exemption ruling in April 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Advent Christian Retirement Communities Inc reported income of $116k and spending of $116k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $135k to $116k (-14%), an average of -3.7% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. 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, Advent Christian Retirement Communities Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 35th percentile within ME. Charities of a similar size with the same main cause include Mount Joy Helping Services ($116k), Medicine for Peace ($116k) and Full Tummy Project of Covington County ($116k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $43k against liabilities of $43k, net assets of $5.