Logan County Senior Living Inc

Analysis

Logan County Senior Living Inc is a registered charity in United States, based in Oakley, KS. It received its IRS tax-exemption ruling in August 2020, 6 years ago. 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, Logan County Senior Living Inc reported income of $3.5m and spending of $3.5m, spending 100% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $2.1m to $3.5m (+67%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Logan County Senior Living Inc 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 90th percentile, and in the 90th percentile within KS. Charities of a similar size with the same main cause include Eversight International ($3.5m), Mercy Health Foundation Fort Smith ($3.5m) and Special Olympics Tennessee Inc ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $595k against liabilities of $269k, net assets of $326k. It reported 50 employees.