Southern Hills Senior Residences Inc

Analysis

Southern Hills Senior Residences Inc is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in March 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 May 2023, Southern Hills Senior Residences Inc reported income of $292k and spending of $458k, spending 157% of what it took in. Across the 4 years on record, from May 2020 to May 2023, income fell from $305k to $292k (-4.2%), an average of -1.4% a year. Over the whole period it spent 149% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Southern Hills Senior Residences Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within KS. Charities of a similar size with the same main cause include Habitat for Humanity International ($292k), Athens Resource Center for the Homeless ($292k) and Phoenix Pass Inc ($292k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 36% and program service revenue 58% of the total. At year end it held assets of $2.6m against liabilities of $85k, net assets of $2.5m.

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.