Christian Care Retirement Apartments Inc

Analysis

Christian Care Retirement Apartments Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in June 1987, 39 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 December 2023, Christian Care Retirement Apartments Inc reported income of $8.4m and spending of $8.3m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.3m to $8.4m (+0.9%), an average of +0.2% a year. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Christian Care Retirement Apartments Inc sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within AZ. Charities of a similar size with the same main cause include Bella Natural Womens Care ($8.4m), Saint Pauls School Inc ($8.4m) and Northern State University Foundation ($8.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 96% of the total. Other salaries and wages came to $2.8m. At year end it held assets of $38.6m against liabilities of $29.0m, net assets of $9.6m.