National Senior Communities Inc

Analysis

National Senior Communities Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in October 2011, 15 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, National Senior Communities Inc reported income of $4.4m and spending of $3.6m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.3m to $4.4m (-17%), an average of -4.5% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Senior Communities Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 78th percentile within DC. Charities of a similar size with the same main cause include Pilot Dogs Inc ($4.4m), El Bethel Terrace Inc ($4.4m) and National Bureau of Asian Research ($4.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $2.0m (55% of expenses). Other salaries and wages came to $232k. At year end it held assets of $11.0m against liabilities of $1.8m, net assets of $9.3m. It reported 9 employees.