Castle Country Assisted Living Inc

Analysis

Castle Country Assisted Living Inc is a registered charity in United States, based in Castle Rock, CO. It received its IRS tax-exemption ruling in December 1989, 37 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 October 2023, Castle Country Assisted Living Inc reported income of $3.8m and spending of $2.9m, leaving 23% of income unspent that year. Across the 5 years on record, from October 2019 to October 2023, income grew from $2.4m to $3.8m (+60%), an average of +12% a year. The sharpest change came in the year to October 2023, when income rose by 56%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Castle Country Assisted Living Inc sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within CO. Charities of a similar size with the same main cause include Nextup Rva ($3.8m), Jewish Community Center of Greater Ann Arbor ($3.8m) and Youth Services of Glenview- Northbrook ($3.8m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 25% and program service revenue 74% of the total. Other salaries and wages came to $2.1m. At year end it held assets of $3.4m against liabilities of $283k, net assets of $3.1m. It reported 109 employees.