Charity Search / LINC-REDONDO BEACH SENIORS INC
Housing & Shelter (L20Z) 990 on File

LINC-REDONDO BEACH SENIORS INC

EIN: 33-0677510 · LONG BEACH, CA 90807-3903 · United States · FY 2024 Data
3 out of 5 47 / 100 Based on 2+ years of filings
Financial strength (30%) 59/100
Reliability (20%) 55/100
Effectiveness (25%) 71/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$2.8M
Total Revenue
$2.9M
Total Expenses
$3.3M
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 98.8%
Fundraising Efficiency N/A
Operating Reserve 13.49x
Liability-to-Asset 76.7%
Revenue Diversification 100.0%
Executive Compensation $0
Compared with Peers
FY 2024
Compared with 2,572 similar organizations (United States, Housing & Shelter, $1M–$10M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
98.8% 87.2%
P10P90
Top quarter
Admin expense ratio
Management and general / total expenses · lower is better
1.2% 10.3%
P10P90
Top quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
13.5 mo 12.6 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
76.7% 39.0%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
100.0% 89.9%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
5.9% 6.4%
P10P90
Expense growth
Year over year expense growth
11.5% 6.9%
P10P90
Surplus margin
Surplus as a share of revenue
-4.7% 3.0%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $2.8M $2.9M $3.3M 98.8% 0
2023 $2.6M $2.6M $3.4M 99.3% 0
2022 $2.6M $2.6M $3.4M 99.4% 0
2021 $2.3M $2.4M N/A — 0
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Organization Details
EIN
33-0677510
State
CA
City
LONG BEACH
ZIP
90807-3903
Classification
L20Z
Category
Housing & Shelter
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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