Lavender Mountain Senior Living Inc

Analysis

Lavender Mountain Senior Living Inc is a registered charity in United States, based in Mount Berry, GA. It received its IRS tax-exemption ruling in February 2016, 10 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Lavender Mountain Senior Living Inc reported income of $17.2m and spending of $23.1m, spending 135% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.0m to $17.2m (+1539%), an average of +154% a year. The sharpest change came in the year to June 2021, when income rose by 395%. Over the whole period it spent 197% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Lavender Mountain Senior Living Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within GA. Charities of a similar size with the same main cause include Oregon Coast Community Action ($17.1m), Vietnam Veterans Workshop Inc ($17.2m) and Lantern Organization Inc ($17.0m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $7.7m (33% of expenses). At year end it held assets of $129.5m against liabilities of $166.3m, net assets of -$36.8m.

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.