Sayreville Housing for Seniors Corporation

Analysis

Sayreville Housing for Seniors Corporation is a registered charity in United States, based in Sayreville, NJ. It received its IRS tax-exemption ruling in July 1993, 33 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Sayreville Housing for Seniors Corporation reported income of $1.1m and spending of $723k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $976k to $1.1m (+17%), an average of +4.0% a year. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sayreville Housing for Seniors Corporation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within NJ. Charities of a similar size with the same main cause include Autism Family Services of New Jersey Inc ($1.1m), Cameron Willacy Counties Community ($1.1m) and Southeast Asian Community Center ($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 $61k. At year end it held assets of $2.6m against liabilities of $1.4m, net assets of $1.2m. It reported 1 employees.