Senior Living Alternatives Inc

Analysis

Senior Living Alternatives Inc is a registered charity in United States, based in Clackamas, OR. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2024, Senior Living Alternatives Inc reported income of $226k and spending of $291k, spending 128% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $203k to $226k (+11%), an average of +2.2% a year. Over the whole period it spent 134% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Senior Living Alternatives Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within OR. Charities of a similar size with the same main cause include Webster Terrace Housing Development Fund Company Inc ($226k), Marysville Housing II Inc ($226k) and Metronomy Inc ($226k).

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 $29k. At year end it held assets of $1.1m against liabilities of $2.8m, net assets of -$1.8m.

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.