Alton Housing for the Elderly Inc

Analysis

Alton Housing for the Elderly Inc is a registered charity in United States, based in Concord, NH. It received its IRS tax-exemption ruling in September 1983, 43 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Alton Housing for the Elderly Inc reported income of $401k and spending of $280k, leaving 30% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $417k to $401k (-3.9%), an average of -1.0% a year. Over the whole period it spent 78% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Alton Housing for the Elderly Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within NH. Charities of a similar size with the same main cause include Friends House Ministries Inc ($401k), Brentwood 202 Senior Housing Inc ($401k) and Rosey Grier Giant Step Foundation ($401k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 70% and program service revenue 29% of the total. At year end it held assets of $717k against liabilities of $217k, net assets of $499k.