Corinthian Square Senior Citizen Housing Corp

Analysis

Corinthian Square Senior Citizen Housing Corp is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in July 1987, 39 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Corinthian Square Senior Citizen Housing Corp reported income of $1.1m and spending of $1.0m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $984k to $1.1m (+9.1%), an average of +2.2% a year. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Corinthian Square Senior Citizen Housing Corp sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within PA. Charities of a similar size with the same main cause include Greenville Housing Development Corporation ($1.1m), Better Housing Foundation ($1.1m) and Society of St Vincent de Paul Saints Peter and Paul Conference I ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $140k. At year end it held assets of $2.7m against liabilities of $3.2m, net assets of -$530k.