Larkin Pine Senior Housing Corporation

Analysis

Larkin Pine Senior Housing Corporation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in February 1993, 33 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Larkin Pine Senior Housing Corporation reported income of $1.6m and spending of $2,100, leaving 100% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.3m to $1.6m (-70%), an average of -26% a year. The sharpest change came in the year to December 2020, when income dropped by 62%. Over the whole period it spent 0.6% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Larkin Pine Senior Housing Corporation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Contra Costa Alternative School Inc ($1.6m), St Stephen Housing Association ($1.6m) and Cherokee County Historical Society Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $15.3m against liabilities of $5.9m, net assets of $9.4m.