Tenafly Senior Citizens Housing

Analysis

Tenafly Senior Citizens Housing is a registered charity in United States, based in Tenafly, NJ. It received its IRS tax-exemption ruling in March 1982, 44 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 March 2024, Tenafly Senior Citizens Housing reported income of $199k and spending of $0, leaving 100% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income grew from $35k to $199k (+470%), an average of +54% a year. The sharpest change came in the year to March 2021, when income dropped by 865%. Over the whole period it spent 0.0% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Tenafly Senior Citizens Housing sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 61st percentile within NJ. Charities of a similar size with the same main cause include Strudwick & Strode Adult Foster Care Inc ($199k), Marysville Quilceda Meadows ($199k) and Greater Mount Holly Community Development Corporation ($199k).

At year end it held assets of $1.1m against liabilities of $213k, net assets of $888k. It reported 5 employees.