Orchard View Elderly Housing Inc

Analysis

Orchard View Elderly Housing Inc is a registered charity in United States, based in Holyoke, MA. It received its IRS tax-exemption ruling in August 1985, 41 years ago. 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 August 2023, Orchard View Elderly Housing Inc reported income of $535k and spending of $548k, spending 103% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $498k to $535k (+7.5%), an average of +1.8% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Orchard View Elderly Housing Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within MA. Charities of a similar size with the same main cause include The Little School Inc ($535k), Wise County Christian Schools Inc ($535k) and Kennebec Valley Community College Foundation ($535k).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $1.6m against liabilities of $2.5m, net assets of -$864k.