Apple Valley Senior Housing Corp

Analysis

Apple Valley Senior Housing Corp is a registered charity in United States, based in Peru, NY. It received its IRS tax-exemption ruling in November 1979, 47 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Apple Valley Senior Housing Corp reported income of $307k and spending of $307k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $279k to $307k (+10%), an average of +2.5% a year. Over the whole period it spent 93% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Apple Valley Senior Housing Corp sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within NY. Charities of a similar size with the same main cause include Blair Apartments Inc ($307k), Bay Aging Apartments Kilmarnock Inc ($307k) and Tifton Housing Partners Inc ($307k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $45k (15% of expenses). Other salaries and wages came to $53k. At year end it held assets of $828k against liabilities of $405k, net assets of $423k. It reported 4 employees.