South Shore Group Home IV Inc

Analysis

South Shore Group Home IV Inc is a registered charity in United States, based in Kingston, MA. It received its IRS tax-exemption ruling in March 1998, 28 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 2023, South Shore Group Home IV Inc reported income of $107k and spending of $131k, spending 122% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $108k to $107k (-0.8%), an average of -0.3% a year. Over the whole period it spent 124% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, South Shore Group Home IV Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 45th percentile within MA. Charities of a similar size with the same main cause include Seneca Housing Corporation ($107k), Housing Works 874 Jefferson Housing Development Fund Corporation ($107k) and Abilities at Fountain Square Inc ($107k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $796k against liabilities of $469k, net assets of $327k.

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.