The Orchards at Southington Inc

Analysis

The Orchards at Southington Inc is a registered charity in United States, based in Southington, CT. It received its IRS tax-exemption ruling in October 1997, 29 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, The Orchards at Southington Inc reported income of $5.5m and spending of $5.2m, spending 94% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $5.4m to $5.5m (+2.1%), an average of +0.5% a year. Over the whole period it spent 89% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, The Orchards at Southington Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within CT. Charities of a similar size with the same main cause include Coalition for Homeless Intervention and Prevention of Greater Indianap ($5.5m), Summit Housing Development Corporation ($5.5m) and Housing for Health Orange County Inc ($5.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Other salaries and wages came to $2.3m. At year end it held assets of $13.0m against liabilities of $9.2m, net assets of $3.8m. It reported 78 employees.