Congregate Living Opportunites Inc

Analysis

Congregate Living Opportunites Inc is a registered charity in United States, based in Topeka, KS. It received its IRS tax-exemption ruling in October 1983, 43 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 December 2023, Congregate Living Opportunites Inc reported income of $64k and spending of $67k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $65k to $64k (-1.9%), an average of -1.9% a year. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Congregate Living Opportunites 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 23rd percentile within KS. Charities of a similar size with the same main cause include Matthews Moonlight Foundation ($64k), Wood Lane Foundation Inc ($64k) and Pine Island Sharing Shelves ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $60k against liabilities of $155k, net assets of -$95k.