Northridge Retirement Center Inc

Analysis

Northridge Retirement Center Inc is a registered charity in United States, based in Lamesa, TX. It received its IRS tax-exemption ruling in September 1985, 41 years ago. 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, Northridge Retirement Center Inc reported income of $358k and spending of $335k, spending 94% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $303k to $358k (+18%), an average of +4.3% a year. The sharpest change came in the year to September 2021, when income rose by 18%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Northridge Retirement Center Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 69th percentile within TX. Charities of a similar size with the same main cause include Welcome Home Soldier ($358k), Pajaro Valley Arts Council ($358k) and Old Town Triangle Association ($358k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $87k. At year end it held assets of $490k against liabilities of $924k, net assets of -$434k. It reported 5 employees.