LA Loma Senior Living Services Inc

Analysis

LA Loma Senior Living Services Inc is a registered charity in United States, based in Sun City West, AZ. It received its IRS tax-exemption ruling in June 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, LA Loma Senior Living Services Inc reported income of $13.0m and spending of $19.5m, spending 149% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.3m to $13.0m (+15%), an average of +3.5% a year. The sharpest change came in the year to June 2023, when income rose by 19%. Over the whole period it spent 135% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, LA Loma Senior Living Services Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within AZ. Charities of a similar size with the same main cause include Tri-County Community Action Inc ($13.0m), Child and Family Focus Inc ($13.1m) and Ozark Action Inc ($13.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.9% and program service revenue 96% of the total. Other salaries and wages came to $7.1m. At year end it held assets of $89.4m against liabilities of $114.6m, net assets of -$25.2m. It reported 263 employees.

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.