Springboro Commons Retirement Villa Inc

Analysis

Springboro Commons Retirement Villa Inc is a registered charity in United States, based in Lebanon, OH. It received its IRS tax-exemption ruling in May 1989, 37 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, Springboro Commons Retirement Villa Inc reported income of $478k and spending of $376k, leaving 21% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $479k to $478k (-0.3%), an average of -0.1% a year. Over the whole period it spent 81% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Springboro Commons Retirement Villa Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within OH. Charities of a similar size with the same main cause include Marilla Jackson Living Center ($478k), NHDC Hampton Court Apartments Inc ($478k) and Reba Place Development Corporation ($478k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $1.6m against liabilities of $701k, net assets of $933k. It reported 6 employees.