Canterbury Village Retirement Corporation

Analysis

Canterbury Village Retirement Corporation is a registered charity in United States, based in Duarte, CA. It received its IRS tax-exemption ruling in September 1983, 43 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 September 2023, Canterbury Village Retirement Corporation reported income of $266k and spending of $1,443, leaving 99% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $653k to $266k (-59%), an average of -20% a year. The sharpest change came in the year to September 2022, when income rose by 886%. Over the whole period it spent 20% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Canterbury Village Retirement Corporation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include The Foundation of the St Andrews Society of Philadelphia ($266k), Torrance Memorial Hospital Med Center Auxiliary ($266k) and Midcoast Symphony Orchestra ($266k).

At year end it held assets of $8.9m against liabilities of $2, net assets of $8.9m.