Ditson Street Senior Housing Inc

Analysis

Ditson Street Senior Housing Inc is a registered charity in United States, based in Dorchester, MA. It received its IRS tax-exemption ruling in November 1994, 32 years ago. 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 June 2024, Ditson Street Senior Housing Inc reported income of $629k and spending of $720k, spending 114% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $574k to $629k (+9.5%), an average of +2.3% a year. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ditson Street Senior Housing Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within MA. Charities of a similar size with the same main cause include We Care DMV Day Services Inc ($629k), Associated Students of Santa Monica City College ($629k) and Nanak Prachar Sabha Inc ($629k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 73% and program service revenue 26% of the total. At year end it held assets of $2.4m against liabilities of $365k, net assets of $2.1m.

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.