Uva Caton Merchant House Assisted Living

Analysis

Uva Caton Merchant House Assisted Living is a registered charity in United States, based in Manassas, VA. It received its IRS tax-exemption ruling in November 1985, 41 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 2023, Uva Caton Merchant House Assisted Living reported income of $3.1m and spending of $4.1m, spending 135% of what it took in. Across the 5 years on record, from December 2019 to June 2023, income fell from $4.2m to $3.1m (-27%), an average of -7.4% a year. The sharpest change came in the year to June 2023, when income rose by 94%. Over the whole period it spent 128% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Uva Caton Merchant House Assisted Living sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within VA. Charities of a similar size with the same main cause include Deaf Independent Living Association Inc ($3.1m), Clayton Early Childhood Center ($3.1m) and Dress for Success Houston ($3.1m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $222k (5.3% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $3.0m against liabilities of $3.0m, net assets of -$60k. It reported 46 employees.

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.