Saxonburg Presbyterian Senior Housing Inc

Analysis

Saxonburg Presbyterian Senior Housing Inc is a registered charity in United States, based in Oakmont, PA. It received its IRS tax-exemption ruling in February 1989, 37 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, Saxonburg Presbyterian Senior Housing Inc reported income of $343k and spending of $312k, spending 91% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $320k to $343k (+7.1%), an average of +1.4% a year. Over the whole period it spent 92% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Saxonburg Presbyterian Senior Housing Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within PA. Charities of a similar size with the same main cause include Greater Hope Community Development Organization Inc ($343k), Quah Prevention and Recovery Center Incorporated ($343k) and Park Way Commons Housing Development Fund Company Inc ($342k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 36% of the total. Other salaries and wages came to $84k. At year end it held assets of $322k against liabilities of $938k, net assets of -$616k.