September Place Retirement Village Inc

Analysis

September Place Retirement Village Inc is a registered charity in United States, based in Beattyville, KY. It received its IRS tax-exemption ruling in January 2004, 22 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, September Place Retirement Village Inc reported income of $583k and spending of $511k, spending 88% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $484k to $583k (+20%), an average of +4.8% a year. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, September Place Retirement Village Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within KY. Charities of a similar size with the same main cause include Prosperity Unlimited Inc ($583k), Retail Store Employees Building Corporation ($583k) and Luthern Social Services of Central Ohio Lancaster Housing Inc ($583k).

On its Form 990 for the period ending March 2024, revenue came from program service revenue 91% of the total. Other salaries and wages came to $186k. At year end it held assets of $774k against liabilities of $1.2m, net assets of -$433k. It reported 5 employees.