Campus Towers Senior Living Inc

Analysis

Campus Towers Senior Living Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in May 1966, 60 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 June 2023, Campus Towers Senior Living Inc reported income of $111k and spending of $47k, leaving 58% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.3m to $111k (-92%), an average of -46% a year. The sharpest change came in the year to June 2020, when income rose by 215%. Over the whole period it spent 37% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Campus Towers Senior Living Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 43rd percentile within FL. Charities of a similar size with the same main cause include Parent Booster USA Inc ($111k), Down Syndrome Awareness Group of East Tennessee ($111k) and North Dakota Association of the Blind Incorporated ($111k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 95% of the total. At year end it held assets of $5.2m against liabilities of $750, net assets of $5.2m.