Lewinsville Retirement Residence

Analysis

Lewinsville Retirement Residence is a registered charity in United States, based in McLean, VA. It received its IRS tax-exemption ruling in September 1978, 48 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 September 2023, Lewinsville Retirement Residence reported income of $4.1m and spending of $4.7m, spending 115% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $4.1m to $4.1m (-0.3%), an average of -0.1% a year. Over the whole period it spent 104% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Lewinsville Retirement Residence sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within VA. Charities of a similar size with the same main cause include Housing Oriented Ministries Established for Services Inc ($4.1m), Village on the Square Inc ($4.1m) and Homespace Corporation ($4.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $22.9m against liabilities of $19.5m, net assets of $3.4m. It reported 26 employees.

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.