Senior Living

Analysis

Senior Living is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in February 2003, 23 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Senior Living reported income of $171k and spending of $199k, spending 117% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $219k to $171k (-22%), an average of -12% a year. The sharpest change came in the year to December 2022, when income dropped by 17%. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Senior Living sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include Valle de Sol Farm Labor Housing ($171k), Homeward Bound Program ($171k) and Kaniksu Village ($171k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $122k against liabilities of $0, net assets of $122k.