Wentworth Senior Living

Analysis

Wentworth Senior Living is a registered charity in United States, based in Portsmouth, NH. It received its IRS tax-exemption ruling in June 1943, 83 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 December 2023, Wentworth Senior Living reported income of $8.8m and spending of $8.3m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.5m to $8.8m (+17%), an average of +4.0% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wentworth Senior Living sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within NH. Charities of a similar size with the same main cause include The Backstoppers Inc ($8.8m), Little Servant Sisters ($8.8m) and Savannah State College Foundation Inc ($8.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $269k (3.2% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $16.9m against liabilities of $4.9m, net assets of $12.1m. It reported 97 employees.