Anchorage Senior Living Inc

Analysis

Anchorage Senior Living Inc is a registered charity in United States, based in Clackamas, OR. It received its IRS tax-exemption ruling in March 1997, 29 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 2024, Anchorage Senior Living Inc reported income of $283k and spending of $326k, spending 115% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $221k to $283k (+28%), an average of +5.1% a year. Over the whole period it spent 132% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Anchorage Senior Living Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within OR. Charities of a similar size with the same main cause include The Lazarus House a Center for Wellness ($283k), Jefferson Healthcare Foundation ($284k) and Soaring Wings Foundation ($283k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $30k. At year end it held assets of $1.1m against liabilities of $2.9m, net assets of -$1.9m.

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.