Regency Terrace of Cape Girardeau Inc

Analysis

Regency Terrace of Cape Girardeau Inc is a registered charity in United States, based in Cpe Girardeau, MO. It received its IRS tax-exemption ruling in January 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Regency Terrace of Cape Girardeau Inc reported income of $62k and spending of $64k, spending 102% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $202k to $62k (-69%), an average of -21% a year. The sharpest change came in the year to June 2020, when income dropped by 70%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Regency Terrace of Cape Girardeau Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 22nd percentile within MO. Charities of a similar size with the same main cause include International New Wave Ministries ($62k), Wisconsin Association for Home and Community Education Inc ($62k) and East Bay Rising Suns ($62k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 56% and program service revenue 44% of the total. Other salaries and wages came to $6,601. At year end it held assets of $261k against liabilities of $161k, net assets of $100k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.