Los Alamos Retirement Community Inc

Analysis

Los Alamos Retirement Community Inc is a registered charity in United States, based in Cleveland, TN. It received its IRS tax-exemption ruling in December 1981, 45 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Los Alamos Retirement Community Inc reported income of $13.2m and spending of $12.5m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.6m to $13.2m (+37%), an average of +8.2% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Los Alamos Retirement Community Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within TN. Charities of a similar size with the same main cause include Healtheconnections Inc ($13.2m), Advanced Home Care Inc ($13.2m) and Neighborhood Legal Services Inc ($13.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 68% of the total. Other salaries and wages came to $3.8m. At year end it held assets of $1.8m against liabilities of $2.1m, net assets of -$279k. It reported 179 employees.