Lucerne Alpine Seniors Inc

Analysis

Lucerne Alpine Seniors Inc is a registered charity in United States, based in Lucerne, CA. It received its IRS tax-exemption ruling in November 1982, 44 years ago. 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, Lucerne Alpine Seniors Inc reported income of $174k and spending of $211k, spending 122% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $113k to $174k (+54%), an average of +9.1% a year. The sharpest change came in the year to June 2021, when income rose by 387%. Over the whole period it spent 51% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lucerne Alpine Seniors Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 53rd percentile within CA. Charities of a similar size with the same main cause include Great Bear Foundation ($174k), Continental Resources Community Foundation Inc ($174k) and I C a N Associates ($174k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 83% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $25k (12% of expenses). Other salaries and wages came to $84k. At year end it held assets of $821k against liabilities of $36k, net assets of $784k.