Clifton Senior Citizens Housing Corp

Analysis

Clifton Senior Citizens Housing Corp is a registered charity in United States, based in Clifton, NJ. It received its IRS tax-exemption ruling in August 1983, 43 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 2023, Clifton Senior Citizens Housing Corp reported income of $2.4m and spending of $2.2m, spending 91% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $2.3m to $2.4m (+7.4%), an average of +2.4% 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, Clifton Senior Citizens Housing Corp sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within NJ. Charities of a similar size with the same main cause include Attic Angel Prairie Point Inc ($2.4m), Greater Metropolitan Housing Corporation ($2.4m) and Gideon Court Resident Council ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.2% and program service revenue 96% of the total. At year end it held assets of $4.2m against liabilities of $7.3m, net assets of -$3.2m.