Livingston Manor Senior Apartments Inc

Analysis

Livingston Manor Senior Apartments Inc is a registered charity in United States, based in Allentown, PA. It received its IRS tax-exemption ruling in September 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 June 2023, Livingston Manor Senior Apartments Inc reported income of $339k and spending of $526k, spending 155% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $266k to $339k (+28%), an average of +6.3% a year. The sharpest change came in the year to June 2023, when income rose by 25%. Over the whole period it spent 171% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Livingston Manor Senior Apartments Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within PA. Charities of a similar size with the same main cause include BVK Inc ($339k), El Paso Good Samaritan Housing Inc ($339k) and Caring Plus Home Services Inc ($339k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 61% and program service revenue 39% of the total. At year end it held assets of $2.2m against liabilities of $4.6m, net assets of -$2.4m.

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.