Rowayton Senior Housing Corporation C/O Kenneth Laclair

Analysis

Rowayton Senior Housing Corporation C/O Kenneth Laclair is a registered charity in United States, based in Rowayton, CT. It received its IRS tax-exemption ruling in September 1980, 46 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending September 2023, Rowayton Senior Housing Corporation C/O Kenneth Laclair reported income of $605k and spending of $578k, spending 96% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $567k to $605k (+6.7%), an average of +1.6% a year. 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, Rowayton Senior Housing Corporation C/O Kenneth Laclair sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within CT. Charities of a similar size with the same main cause include Michigan Consortium for Healthcare Excellence ($605k), Kodiak Public Broadcasting Corporation ($605k) and George Werden Buck Boys Club ($605k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 95% of the total. At year end it held assets of $2.4m against liabilities of $2.1m, net assets of $315k.