#262 of 500 · Human Services & Advocacy
Acts Retirement-Life Communities Inc
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.
Open the interactive profileFinancials, 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
| Year | Revenue |
|---|---|
| 2019 | $446.2M |
| 2020 | $470.0M |
| 2021 | $465.7M |
| 2022 | $486.1M |
| 2023 | $577.2M |