Assisted Living Center Inc

Analysis

Assisted Living Center Inc is a registered charity in United States, based in Salisbury, MA. It received its IRS tax-exemption ruling in August 1994, 32 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Assisted Living Center Inc reported income of $1.3m and spending of $1.5m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.3m (+13%), an average of +3.0% a year. The sharpest change came in the year to December 2022, when income rose by 17%. Over the whole period it spent 109% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Assisted Living Center Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MA. Charities of a similar size with the same main cause include Just All About You Inc ($1.3m), Lha Enterprise Development Inc ($1.3m) and Fellowship Missions ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.6% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $214k (14% of expenses). Other salaries and wages came to $596k. At year end it held assets of $1.4m against liabilities of $1.3m, net assets of $78k. It reported 35 employees.