Ecumenical Retirement Center Inc

Analysis

Ecumenical Retirement Center Inc is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in August 1977, 49 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Ecumenical Retirement Center Inc reported income of $1.9m and spending of $2.3m, spending 120% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.8m to $1.9m (+7.9%), an average of +1.9% a year. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ecumenical Retirement Center Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within AR. Charities of a similar size with the same main cause include Promise Inc ($1.9m), 1712 & 1715 Housing Development Fund Co Inc ($1.9m) and Twelve Oaks Foundation ($1.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 57% and program service revenue 43% of the total. Other salaries and wages came to $364k. At year end it held assets of $18.0m against liabilities of $17.5m, net assets of $481k.