Regency Retirement Residence of Clinton

Analysis

Regency Retirement Residence of Clinton is a registered charity in United States, based in Clinton, IA. It received its IRS tax-exemption ruling in March 1996, 30 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending November 2023, Regency Retirement Residence of Clinton reported income of $667k and spending of $548k, spending 82% of its income. Across the 5 years on record, from November 2019 to November 2023, income grew from $577k to $667k (+16%), an average of +3.7% a year. The sharpest change came in the year to November 2021, when income rose by 33%. Over the whole period it spent 77% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Regency Retirement Residence of Clinton sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 77th percentile within IA. Charities of a similar size with the same main cause include Pine Oaks III Inc ($667k), Nela Housing and Supportive Services Corporation ($667k) and South Atlantic Housing of Brevard Inc ($667k).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 15% and program service revenue 84% of the total. Other salaries and wages came to $83k. At year end it held assets of $2.1m against liabilities of $1.3m, net assets of $808k.