Senior Care Communities Inc

Analysis

Senior Care Communities Inc is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in March 1996, 30 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 December 2023, Senior Care Communities Inc reported income of $53.3m and spending of $54.1m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $62.6m to $53.3m (-15%), an average of -3.9% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Senior Care Communities Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MN. Charities of a similar size with the same main cause include Centerstone of Illinois Inc ($53.2m), Bedford Memorial Hospital ($53.3m) and University of Maryland Community Medical Group Inc ($53.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $102k (0.2% of expenses). Other salaries and wages came to $20.5m. At year end it held assets of $64.4m against liabilities of $58.4m, net assets of $6.0m. It reported 643 employees.