Landis Homes Retirement Community

Analysis

Landis Homes Retirement Community is a registered charity in United States, based in Lititz, PA. It received its IRS tax-exemption ruling in March 1982, 44 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 June 2023, Landis Homes Retirement Community reported income of $53.1m and spending of $51.0m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $43.5m to $53.1m (+22%), an average of +5.1% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Landis Homes Retirement Community sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within PA. Charities of a similar size with the same main cause include Methodist Home for the Aging ($53.0m), Goodwill of the Finger Lakes Inc ($53.1m) and Board of Child Care of the United Methodist Church Incorporated ($53.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.2% and program service revenue 85% of the total. Other salaries and wages came to $18.0m. It paid $151 in professional fundraising fees. At year end it held assets of $179.5m against liabilities of $152.5m, net assets of $27.0m. It reported 661 employees.