Assisted Living Inc

Analysis

Assisted Living Inc is a registered charity in United States, based in Ewing, NJ. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 Inc reported income of $330k and spending of $396k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $384k to $330k (-14%), an average of -3.7% a year. The sharpest change came in the year to December 2020, when income rose by 37%. Over the whole period it spent 107% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Assisted Living Inc sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 69th percentile within NJ. Charities of a similar size with the same main cause include Seabiscuit Therapeutic Riding Center ($330k), Jog Your Memory 5k Inc ($330k) and Nextstep Raleigh ($330k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Other salaries and wages came to $180k. At year end it held assets of $1.8m against liabilities of $1.1m, net assets of $709k. It reported 12 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.