Slippery Rock Presbyterian Senior Housing Inc

Analysis

Slippery Rock Presbyterian Senior Housing Inc is a registered charity in United States, based in Oakmont, PA. It received its IRS tax-exemption ruling in August 1996, 30 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, Slippery Rock Presbyterian Senior Housing Inc reported income of $360k and spending of $327k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $297k to $360k (+21%), an average of +4.9% a year. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Slippery Rock Presbyterian Senior Housing Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within PA. Charities of a similar size with the same main cause include Genesis Affordable Housing Coalition Inc ($360k), Keuka Comfort Care ($360k) and Belong Art Community ($360k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 53% of the total. Other salaries and wages came to $94k. At year end it held assets of $799k against liabilities of $39k, net assets of $760k.