Cumberland Senior Housing Assoc

Analysis

Cumberland Senior Housing Assoc is a registered charity in United States, based in Carlisle, PA. It received its IRS tax-exemption ruling in December 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, Cumberland Senior Housing Assoc reported income of $94k and spending of $150k, spending 159% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $129k to $94k (-27%), an average of -7.6% a year. The sharpest change came in the year to December 2022, when income rose by 390%. Over the whole period it spent 76% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Cumberland Senior Housing Assoc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within PA. Charities of a similar size with the same main cause include Fairground Apartments Inc ($94k), Southwest Florida Gwi Housing Xiv Inc ($94k) and Rappahannock Elder Housing Corp ($94k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $22k. At year end it held assets of $1.8m against liabilities of $1.2m, net assets of $653k.