Assisted Living Facilities for the Elderly

Health Care and Social Assistance › Nursing and Residential Care Facilities › Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly

SBA Size Standard

$23.5M average annual receipts

Revenue-Based Verify at SBA.gov →

NAICS Code Hierarchy

Sector

Health Care and Social Assistance

623

Subsector

Nursing and Residential Care Facilities

6233

Industry Group

Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly

623312

National Industry (This Code)

Assisted Living Facilities for the Elderly

Official NAICS Description

Source: U.S. Census Bureau 2022 NAICS

📘 Source: U.S. Census Bureau — 2022 NAICS Manual

This U.S. industry comprises establishments primarily engaged in providing residential and personal care services without nursing care for (1) the elderly or other persons who are unable to fully care for themselves and/or (2) the elderly or other persons who do not desire to live independently. The care typically includes room, board, supervision, and assistance in daily living, such as housekeeping services. Illustrative Examples: Assisted living facilities for the elderly without nursing care Rest homes without nursing care

✓ Small Business Eligibility at a Glance

Based on SBA Table of Small Business Size Standards (2024)

Size Standard

$23.5M average annual receipts

Measurement Period

3-year average

Standard Type

Revenue-Based

Applies To

All contracts under NAICS 623312

Set-Aside Programs

8(a), WOSB, HUBZone, SDVOSB

Certification Required

No (self-certify in SAM.gov)

Size standards are set by the SBA and reviewed periodically. Always verify at SBA.gov before bidding.

Cross-References

The following activities are classified elsewhere in the NAICS system:

→Assisted living facilities with on-site nursing care facilities are classified in U.S. Industry 623311, Continuing Care Retirement Communities;

→Assisted living facilities for the elderly with nursing care or rest homes with nursing care are classified in Industry 623110, Nursing Care Facilities (Skilled Nursing Facilities); and

→Apartment or condominium complexes where people live independently in rented or owned housing units are classified in Industry 531110, Lessors of Residential Buildings and Dwellings.

How to Use NAICS 623312 in SAM.gov

NAICS code 623312 — Assisted Living Facilities for the Elderly — is used in SAM.gov to identify businesses whose primary activity falls within this classification. When you add this code to your SAM.gov entity registration, contracting officers searching for vendors in the Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly space will be able to find your business.

If this code represents your primary business activity, designate it as your primary NAICS code. Your primary NAICS code determines your size standard for any contract solicited under this code. With a size standard of $23.5M average annual receipts, your business must be at or below this threshold to qualify as a small business for set-aside contracts under NAICS 623312.

Frequently Asked Questions

What is NAICS code 623312?

NAICS code 623312 is 'Assisted Living Facilities for the Elderly', classified under the Health Care and Social Assistance sector (NAICS 62). This U.S. industry comprises establishments primarily engaged in providing residential and personal care services without nursing care for (1) the elderly or other persons who are unable to fully care

What is the SBA small business size standard for NAICS code 623312?

The SBA defines a small business under NAICS code 623312 (Assisted Living Facilities for the Elderly) as one with $23.5M average annual receipts. This size standard determines eligibility for small business set-aside contracts, 8(a), HUBZone, WOSB, and SDVOSB programs in SAM.gov.

How do I register NAICS code 623312 in SAM.gov?

To register NAICS code 623312 in SAM.gov: (1) Log in at sam.gov, (2) Navigate to your Entity Registration, (3) Go to the Assertions section, (4) Add 623312 (Assisted Living Facilities for the Elderly) to your NAICS code list. You may designate one code as your Primary NAICS code.