Los Alamos Retired and Senior Organization

Analysis

Los Alamos Retired and Senior Organization is a registered charity in United States, based in Los Alamos, NM. It received its IRS tax-exemption ruling in June 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Los Alamos Retired and Senior Organization reported income of $1.0m and spending of $980k, spending 96% of its income. Across the 4 years on record, from June 2019 to June 2023, income fell from $1.1m to $1.0m (-8.7%), an average of -3.0% a year. The sharpest change came in the year to June 2021, when income dropped by 15%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Los Alamos Retired and Senior Organization sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within NM. Charities of a similar size with the same main cause include Day Nursery Association ($1.0m), Boniad Ayeneh Inc ($1.0m) and Rock Rapids Kids Club Inc ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $5,390 (0.5% of expenses). Other salaries and wages came to $486k. At year end it held assets of $655k against liabilities of $13k, net assets of $643k. It reported 45 employees.