SNHS North Berwick Elderly Housing Inc

Analysis

SNHS North Berwick Elderly Housing Inc is a registered charity in United States, based in Manchester, NH. It received its IRS tax-exemption ruling in October 1999, 27 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 North Berwick Elderly Housing Inc reported income of $315k and spending of $352k, spending 112% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income grew from $259k to $315k (+21%), an average of +5.0% a year. Over the whole period it spent 118% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, SNHS North Berwick Elderly Housing Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within NH. Charities of a similar size with the same main cause include Self Reliance Housing Inc ($314k), City Gate Inc ($315k) and Comstock Senior Citizens Housing Inc ($314k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 55% and program service revenue 45% of the total. Other salaries and wages came to $61k. At year end it held assets of $1.2m against liabilities of $2.1m, net assets of -$883k.

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.