Grandview Senior Housing Inc

Analysis

Grandview Senior Housing Inc is a registered charity in United States, based in Hohenwald, TN. It received its IRS tax-exemption ruling in April 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Grandview Senior Housing Inc reported income of $145k and spending of $179k, spending 124% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $123k to $145k (+18%), an average of +3.3% a year. Over the whole period it spent 127% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Grandview Senior Housing Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 47th percentile within TN. Charities of a similar size with the same main cause include Morris County Affordable Housing Corporation ($145k), Bridge Housing Acquisitions Inc ($145k) and Salishan Apartments ($144k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 43% and program service revenue 56% of the total. Other salaries and wages came to $41k. At year end it held assets of $551k against liabilities of $46k, net assets of $504k. It reported 3 employees.

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.