Jennings Senior Housing Inc

Analysis

Jennings Senior Housing Inc is a registered charity in United States, based in Glendale, CA. It received its IRS tax-exemption ruling in October 2005, 21 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 March 2023, Jennings Senior Housing Inc reported income of $551k and spending of $696k, spending 126% of what it took in. Across the 4 years on record, from March 2020 to March 2023, income grew from $534k to $551k (+3.1%), an average of +1.0% a year. Over the whole period it spent 166% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Jennings Senior Housing Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Family Promise of Grayson County Inc ($550k), Barrio Viejo Elderly Housing Inc ($551k) and Oceanview Manor Inc ($550k).

On its Form 990 for the period ending March 2023, revenue came from program service revenue 95% of the total. Other salaries and wages came to $62k. At year end it held assets of $3.3m against liabilities of $15.0m, net assets of -$11.7m. 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.