SNHS Elderly Housing VI Inc

Analysis

SNHS Elderly Housing VI Inc is a registered charity in United States, based in Manchester, NH. It received its IRS tax-exemption ruling in February 2007, 19 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 June 2024, SNHS Elderly Housing VI Inc reported income of $208k and spending of $278k, spending 133% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $165k to $208k (+27%), an average of +6.1% a year. Over the whole period it spent 137% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, SNHS Elderly Housing VI Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 57th percentile within NH. Charities of a similar size with the same main cause include Community Housing Association of Dodge City Inc ($208k), Asi Davis Inc ($208k) and Robbie Bobbye Housing Inc ($208k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 50% and program service revenue 50% of the total. Other salaries and wages came to $38k. At year end it held assets of $1.9m against liabilities of $2.8m, net assets of -$880k.

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.