NFP500

#262 of 500 · Human Services & Advocacy

Acts Retirement-Life Communities Inc

EIN 23-1900132 · PA · NTEE P750 · Form 990, fiscal 2023

A Fort Washington, Pennsylvania-based nonprofit and one of the largest not-for-profit owners, operators, and developers of continuing care retirement communities in the United States. Founded in 1972 and guided by Christian values, it operates numerous senior living communities across multiple states, offering independent living, assisted living, memory care, and skilled nursing to older adults.

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Financials, fiscal 2023

Revenue
$577.2M
Expenses
$565.1M
Total assets
$2.08B
Net assets
$126.1M
Operating margin
2.1%
1-year growth
18.7%
5-year growth (CAGR)
6.7%
Reserve (years of spending)
2.7
Contributions share
1.5%
Programme spending
93.0%
Fundraising cost
0.0%
Executive pay share
0.00%
Employees
8,010
Revenue per employee
$72K
Grants paid
$19K
Years filing
51

NFP Health Score: 57 / 100

Financial 32 · Governance 75 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

Acts is committed to providing security and peace of mind to seniors by being a pre-eminent provider of retirement-life services, responsive to individual, social, personal, health and spiritual needs in a Christian atmosphere graced with Loving-Kindness, dignity, sensitivity, honesty and respect, without prejudice or preference.

Revenue history

YearRevenue
2019$446.2M
2020$470.0M
2021$465.7M
2022$486.1M
2023$577.2M