Arcadia Retirement Residence

Analysis

Arcadia Retirement Residence is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in August 1987, 39 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, Arcadia Retirement Residence reported income of $38.1m and spending of $35.7m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $32.9m to $38.1m (+16%), an average of +3.8% a year. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Arcadia Retirement Residence sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within HI. Charities of a similar size with the same main cause include Sacramento Steps Forward ($38.1m), Redstone Presbyterian Seniorcare ($38.1m) and Area Agency on Aging of Palm Beach- Treasure Coast Inc ($38.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 101% of the total. Other salaries and wages came to $13.4m. At year end it held assets of $84.9m against liabilities of $50.1m, net assets of $34.8m. It reported 706 employees.