Woodbury Senior Housing Inc

Analysis

Woodbury Senior Housing Inc is a registered charity in United States, based in Woodbury, CT. It received its IRS tax-exemption ruling in July 1999, 27 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 December 2023, Woodbury Senior Housing Inc reported income of $189k and spending of $205k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $154k to $189k (+23%), an average of +5.3% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 115% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Woodbury Senior Housing Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within CT. Charities of a similar size with the same main cause include Sessions Village 202 ($189k), Naomi Community Foundation ($189k) and Lexington Center Inc ($189k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $33k. At year end it held assets of $837k against liabilities of $43k, net assets of $795k.

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.