Penacook Assisted Living Facility Inc

Analysis

Penacook Assisted Living Facility Inc is a registered charity in United States, based in Penacook, NH. It received its IRS tax-exemption ruling in August 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Penacook Assisted Living Facility Inc reported income of $3.9m and spending of $3.9m, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.9m to $3.9m (+32%), an average of +7.2% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Penacook Assisted Living Facility Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within NH. Charities of a similar size with the same main cause include Winona Volunteer Services Inc ($3.9m), Pathway Family Services Inc ($3.9m) and Young Womens Christian Association of Sonoma County ($3.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.1% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $262k (6.8% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $5.9m against liabilities of $6.8m, net assets of -$874k. It reported 58 employees.