Ames Senior Living

Analysis

Ames Senior Living is a registered charity in United States, based in Ames, IA. It received its IRS tax-exemption ruling in June 1998, 28 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 June 2023, Ames Senior Living reported income of $601k and spending of $581k, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $627k to $601k (-4.0%), an average of -1.0% a year. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ames Senior Living sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within IA. Charities of a similar size with the same main cause include Horizons of Hope Inc ($601k), Christian Village ($601k) and Healthy Smiles of Spartanburg Inc ($601k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $76k. At year end it held assets of $3.0m against liabilities of $2.8m, net assets of $190k. It reported 4 employees.