North Florida Retirement Village Inc

Analysis

North Florida Retirement Village Inc is a registered charity in United States, based in Gainesville, FL. It received its IRS tax-exemption ruling in May 1981, 45 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, North Florida Retirement Village Inc reported income of $36.9m and spending of $34.6m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $32.2m to $36.9m (+15%), an average of +3.5% a year. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, North Florida Retirement Village Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within FL. Charities of a similar size with the same main cause include Paul Shelton HCSR ($36.9m), South Shore Elder Services Inc ($36.9m) and Jewish Child and Family Services ($36.9m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $11.5m. At year end it held assets of $86.0m against liabilities of $92.2m, net assets of -$6.2m. It reported 490 employees.