Northern California Congregational Retirement Homes Inc

Analysis

Northern California Congregational Retirement Homes Inc is a registered charity in United States, based in Carmel, CA. It received its IRS tax-exemption ruling in November 1977, 49 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, Northern California Congregational Retirement Homes Inc reported income of $23.9m and spending of $25.2m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $18.4m to $23.9m (+30%), an average of +6.8% a year. The sharpest change came in the year to December 2020, when income rose by 16%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Northern California Congregational Retirement Homes Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Jewish Family Service ($23.9m), Catholic Charities of the Diocese of St Cloud ($23.9m) and Hospice of Spokane ($23.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.2% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $680k (2.7% of expenses). Other salaries and wages came to $8.9m. At year end it held assets of $99.6m against liabilities of $80.4m, net assets of $19.2m. It reported 169 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.