Cranford Affordable Senior Housing Corporation

Analysis

Cranford Affordable Senior Housing Corporation is a registered charity in United States, based in Cranford, NJ. It received its IRS tax-exemption ruling in June 1995, 31 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 December 2023, Cranford Affordable Senior Housing Corporation reported income of $124k and spending of $0, leaving 100% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $114k to $124k (+8.9%), an average of +2.2% a year. 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, Cranford Affordable Senior Housing Corporation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 50th percentile within NJ. Charities of a similar size with the same main cause include Mentone Garden Court Inc ($124k), Exodus Community Services Inc ($124k) and Fairview Family Estates ($124k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $4.5m against liabilities of $100, net assets of $4.5m.