Carlisle Elderly Housing Assn Inc

Analysis

Carlisle Elderly Housing Assn Inc is a registered charity in United States, based in Carlisle, MA. It received its IRS tax-exemption ruling in October 1980, 46 years ago. 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 December 2023, Carlisle Elderly Housing Assn Inc reported income of $171k and spending of $150k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $150k to $171k (+14%), an average of +3.2% a year. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Carlisle Elderly Housing Assn Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within MA. Charities of a similar size with the same main cause include Life Styles Housing Inc ($171k), Little League Baseball Inc ($171k) and Lutheran Home for the Aging of Humboldt County California Inc ($171k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $16k (11% of expenses). Other salaries and wages came to $3,415. At year end it held assets of $1.4m against liabilities of $116k, net assets of $1.3m. It reported 3 employees.