Cape Retirement Community Inc

Analysis

Cape Retirement Community Inc is a registered charity in United States, based in Cpe Girardeau, MO. It received its IRS tax-exemption ruling in July 1975, 51 years ago. 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 December 2023, Cape Retirement Community Inc reported income of $13.5m and spending of $14.7m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $13.6m to $13.5m (-0.6%), an average of -0.2% a year. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cape Retirement Community Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within MO. Charities of a similar size with the same main cause include Community Alternatives Unlimited ($13.5m), Lakeway Center of the Handicapped Inc ($13.5m) and Family Resource Agency Inc ($13.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $111k (0.8% of expenses). Other salaries and wages came to $6.1m. At year end it held assets of $23.4m against liabilities of $22.7m, net assets of $653k. It reported 356 employees.