Congregational Church Retirement Community

Analysis

Congregational Church Retirement Community is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in August 1976, 50 years ago. 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 November 2023, Congregational Church Retirement Community reported income of $7.4m and spending of $9.2m, spending 124% of what it took in. Across the 5 years on record, from November 2019 to November 2023, income fell from $8.7m to $7.4m (-15%), an average of -4.0% a year. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Congregational Church Retirement Community sits at the 94th 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 94th percentile within CA. Charities of a similar size with the same main cause include 1st Cerebral Palsy of New Jersey Inc ($7.4m), Visiting Nurse Association of Indiana County ($7.4m) and Center for Rural Affairs ($7.4m).

On its Form 990 for the period ending November 2023, revenue came from program service revenue 97% of the total. Other salaries and wages came to $3.3m. At year end it held assets of $4.8m against liabilities of $5.6m, net assets of -$850k. It reported 103 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.