SNHS Pittsburg Elderly Housing Inc

Analysis

SNHS Pittsburg Elderly Housing Inc is a registered charity in United States, based in Manchester, NH. It received its IRS tax-exemption ruling in June 1998, 28 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 March 2024, SNHS Pittsburg Elderly Housing Inc reported income of $330k and spending of $309k, spending 93% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $240k to $330k (+38%), an average of +8.3% a year. The sharpest change came in the year to March 2022, when income rose by 36%. Over the whole period it spent 111% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, SNHS Pittsburg Elderly Housing Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 66th percentile within NH. Charities of a similar size with the same main cause include Help the Needy ($330k), Fig Solutions ($330k) and Seventh District Pavilion Inc ($330k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 63% and program service revenue 37% of the total. Other salaries and wages came to $65k. At year end it held assets of $774k against liabilities of $1.5m, net assets of -$749k.