SNHS Greenfield Elderly Housing Inc
Analysis
SNHS Greenfield Elderly Housing Inc is a registered charity in United States, based in Manchester, NH. It received its IRS tax-exemption ruling in September 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 Greenfield Elderly Housing Inc reported income of $265k and spending of $305k, spending 115% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income grew from $229k to $265k (+16%), an average of +3.7% a year. Over the whole period it spent 114% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, SNHS Greenfield Elderly Housing Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within NH. Charities of a similar size with the same main cause include Nhhi Hopkins Barrier Free Housing Corporation ($265k), Saginaw Village Associates Inc ($265k) and New Dimensions in Recovery ($265k).
On its Form 990 for the period ending March 2024, revenue came from contributions and grants 56% and program service revenue 44% of the total. Other salaries and wages came to $43k. At year end it held assets of $1.2m against liabilities of $2.0m, net assets of -$792k.
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.
Income and spending
Where the income comes from
- Contributions & grants 56%
- Program services 44%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Nhhi Hopkins Barrier Free Housing Corporation | New Brighton | $265k |
| Saginaw Village Associates Inc | Milwaukie | $265k |
| New Dimensions in Recovery | Phoenix | $265k |
| Level Acres Nonprofit Housing Corporation | Kalkaska | $265k |