SNHS Farmington Elderly Housing Inc

Analysis

SNHS Farmington Elderly Housing Inc is a registered charity in United States, based in Manchester, NH. It received its IRS tax-exemption ruling in March 1987, 39 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, SNHS Farmington Elderly Housing Inc reported income of $618k and spending of $453k, leaving 27% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $331k to $618k (+86%), an average of +17% a year. The sharpest change came in the year to June 2024, when income rose by 68%. Over the whole period it spent 101% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, SNHS Farmington Elderly Housing Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within NH. Charities of a similar size with the same main cause include Find-A-Way Inc ($618k), Notre Dame de LA Mer Inc ($618k) and Affordable Housing Corporation ($618k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 64% and program service revenue 35% of the total. Other salaries and wages came to $69k. At year end it held assets of $1.7m against liabilities of $2.9m, net assets of -$1.2m.