Wartburg Senior Housing Inc

Analysis

Wartburg Senior Housing Inc is a registered charity in United States, based in Mt Vernon, NY. It received its IRS tax-exemption ruling in April 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, Wartburg Senior Housing Inc reported income of $8.5m and spending of $8.3m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $8.9m to $8.5m (-5.4%), an average of -1.4% a year. Over the whole period it spent 91% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Wartburg Senior Housing Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include Tacoma-Pierce Habitat for Humanity ($8.5m), Dupage P a D S Inc ($8.5m) and Ci University Auxiliary Services Inc ($8.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.9% and program service revenue 97% of the total. At year end it held assets of $20.9m against liabilities of $11.0m, net assets of $9.8m.