Hermann Senior Housing Corporation

Analysis

Hermann Senior Housing Corporation is a registered charity in United States, based in Hermann, MO. It received its IRS tax-exemption ruling in February 2005, 21 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, Hermann Senior Housing Corporation reported income of $204k and spending of $270k, spending 132% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $200k to $204k (+2.3%), an average of +0.6% a year. Over the whole period it spent 129% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Hermann Senior Housing Corporation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within MO. Charities of a similar size with the same main cause include Pine Cone Manor Inc ($204k), Fenway Lodging House Inc ($204k) and Forward Assist Inc ($204k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.5% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $3,000 (1.1% of expenses). Other salaries and wages came to $44k. At year end it held assets of $751k against liabilities of $255k, net assets of $497k. It reported 4 employees.

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.