Los Alamos Senior Apartments Inc

Analysis

Los Alamos Senior Apartments Inc is a registered charity in United States, based in Santa Barbara, CA. It received its IRS tax-exemption ruling in October 1987, 39 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 December 2023, Los Alamos Senior Apartments Inc reported income of $202k and spending of $148k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $181k to $202k (+12%), an average of +2.8% a year. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Los Alamos Senior Apartments Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include Central Square Library ($202k), Liverpool High Marching Band Booster Club Inc ($202k) and Coldstream-Homestead-Montebello Community Corporation ($202k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $7,964. At year end it held assets of $543k against liabilities of $971k, net assets of -$428k.