Mooers Senior Citizens Housing Corporation

Analysis

Mooers Senior Citizens Housing Corporation is a registered charity in United States, based in Mooers, NY. It received its IRS tax-exemption ruling in April 1990, 36 years ago. The IRS classifies it as a suspense under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mooers Senior Citizens Housing Corporation reported income of $60k and spending of $73k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $57k to $60k (+5.1%), an average of +1.2% a year. Over the whole period it spent 124% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mooers Senior Citizens Housing Corporation sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within NY. Charities of a similar size with the same main cause include Farmington Emergency Medical Team Inc ($60k), The Bridgepath ($60k) and Little League Baseball Inc ($60k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 83% of the total. At year end it held assets of $297k against liabilities of $4,562, net assets of $293k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.