Citrus County Assn for Retarded Citizens Inc

Analysis

Citrus County Assn for Retarded Citizens Inc is a registered charity in United States, based in Lecanto, FL. It received its IRS tax-exemption ruling in July 1967, 59 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2022, Citrus County Assn for Retarded Citizens Inc reported income of $8.4m and spending of $8.4m, spending 100% of its income. Across the 4 years on record, from June 2019 to June 2022, income fell from $8.6m to $8.4m (-1.5%), an average of -0.5% a year. The sharpest change came in the year to June 2022, when income dropped by 15%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Citrus County Assn for Retarded Citizens Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within FL. Charities of a similar size with the same main cause include Rise Community Services ($8.4m), Uncommon Good ($8.4m) and Hopewell Center Inc ($8.4m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 11% and program service revenue 81% of the total. Other salaries and wages came to $5.7m. At year end it held assets of $14.7m against liabilities of $5.0m, net assets of $9.7m.