SNHS Elderly Housing II Inc

Analysis

SNHS Elderly Housing II 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. 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 March 2024, SNHS Elderly Housing II Inc reported income of $763k and spending of $907k, spending 119% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income grew from $683k to $763k (+12%), an average of +2.8% a year. Over the whole period it spent 116% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, SNHS Elderly Housing II Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within NH. Charities of a similar size with the same main cause include Sto-Rox Plaza Inc ($763k), Grove Christian Service Camp ($763k) and America Emergency Squad ($763k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 39% and program service revenue 61% of the total. Other salaries and wages came to $134k. At year end it held assets of $2.8m against liabilities of $5.5m, net assets of -$2.8m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.