Coalport Senior Housing Inc

Analysis

Coalport Senior Housing Inc is a registered charity in United States, based in Altoona, PA. It received its IRS tax-exemption ruling in April 2000, 26 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, Coalport Senior Housing Inc reported income of $116k and spending of $150k, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $112k to $116k (+3.9%), an average of +1.0% a year. Over the whole period it spent 121% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Coalport Senior Housing Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within PA. Charities of a similar size with the same main cause include Culver Garden Court Inc ($116k), Ward Oaks Foundation Inc ($116k) and Home of Refuge Outreach ($116k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 48% of the total. Other salaries and wages came to $21k. At year end it held assets of $680k against liabilities of $10k, net assets of $670k.

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.