Institute for Senior Living

Analysis

Institute for Senior Living is a registered charity in United States, based in Granite Bay, CA. It received its IRS tax-exemption ruling in August 2009, 17 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2024, Institute for Senior Living reported income of $302k and spending of $255k, spending 84% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $200k to $302k (+51%), an average of +51% a year. The sharpest change came in the year to June 2024, when income rose by 51%. Over the whole period it spent 83% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Institute for Senior Living sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Njea Frederick L Hipp Foundation for Excellence in Education ($302k), Snow Approach Foundation Inc ($302k) and Crew 2030 ($302k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 76% and program service revenue 24% of the total. At year end it held assets of $160k against liabilities of $0, net assets of $160k.