Sparta Ecumenical Council on Senior Citizen Housing Inc
Analysis
Sparta Ecumenical Council on Senior Citizen Housing Inc is a registered charity in United States, based in Sparta, NJ. It received its IRS tax-exemption ruling in August 1977, 49 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, Sparta Ecumenical Council on Senior Citizen Housing Inc reported income of $2.7m and spending of $2.3m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $2.7m (+11%), an average of +2.5% a year. Over the whole period it spent 96% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Sparta Ecumenical Council on Senior Citizen Housing Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within NJ. Charities of a similar size with the same main cause include Astoria Gardens Tenant Association ($2.7m), Oak Non Profit Apartments Inc ($2.7m) and Sebco Development Inc ($2.7m).
On its Form 990 for the period ending December 2023, revenue came from program service revenue 94% of the total. Other salaries and wages came to $920k. At year end it held assets of $6.8m against liabilities of $176k, net assets of $6.6m.
Income and spending
Where the income comes from
- Program services 94%
- Other 5.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Astoria Gardens Tenant Association | Sylmar | $2.7m |
| Oak Non Profit Apartments Inc | Warren | $2.7m |
| Sebco Development Inc | Bronx | $2.7m |
| Innovative Development and Living Solutions of California | Clovis | $2.7m |