SNHS Northwood Elderly Housing Inc

Analysis

SNHS Northwood Elderly Housing Inc is a registered charity in United States, based in Manchester, NH. It received its IRS tax-exemption ruling in February 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 (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 Northwood Elderly Housing Inc reported income of $312k and spending of $377k, spending 121% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income grew from $257k to $312k (+21%), an average of +4.9% a year. Over the whole period it spent 131% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, SNHS Northwood 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 62nd percentile, and in the 64th percentile within NH. Charities of a similar size with the same main cause include Stovall Villa Inc ($312k), Barrows Mill Housing Inc ($312k) and Wesley at Murray Inc ($312k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 41% and program service revenue 59% of the total. Other salaries and wages came to $58k. At year end it held assets of $2.2m against liabilities of $3.6m, net assets of -$1.4m.

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.