Bensonhurst Housing for the Elderly

Analysis

Bensonhurst Housing for the Elderly is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 2023, 3 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a private operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2020, Bensonhurst Housing for the Elderly reported income of $222k and spending of $2,595, leaving 99% of income unspent that year. Across the 2 years on record, from December 2019 to December 2020, income grew from $211k to $222k (+5.1%), an average of +5.1% a year. Over the whole period it spent 1.2% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Bensonhurst Housing for the Elderly sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within NY. Charities of a similar size with the same main cause include Tonopah Lamb Senior Housing Inc ($222k), Eau Claire County Housing Inc ($222k) and Illinois Valley Family Coalition ($222k).

On its Form 990 for the period ending December 2020, revenue came from program service revenue 100% of the total. At year end it held assets of $5.0m against liabilities of $7,495, net assets of $5.0m.