SNHS Elderly Housing IV Inc

Analysis

SNHS Elderly Housing IV Inc is a registered charity in United States, based in Manchester, NH. It received its IRS tax-exemption ruling in January 2003, 23 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, SNHS Elderly Housing IV Inc reported income of $432k and spending of $539k, spending 125% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $333k to $432k (+30%), an average of +6.8% a year. Over the whole period it spent 136% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, SNHS Elderly Housing IV Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within NH. Charities of a similar size with the same main cause include House N2 Home Inc ($432k), Housing Justice League Inc ($432k) and Keith County Housing Development Corporation ($432k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 43% and program service revenue 58% of the total. Other salaries and wages came to $83k. At year end it held assets of $2.5m against liabilities of $4.6m, net assets of -$2.0m.

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.