Vantage Court Senior Housing Inc

Analysis

Vantage Court Senior Housing Inc is a registered charity in United States, based in Homestead, PA. It received its IRS tax-exemption ruling in February 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Vantage Court Senior Housing Inc reported income of $119k and spending of $169k, spending 143% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $64k to $119k (+86%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 67%. Over the whole period it spent 161% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Vantage Court Senior Housing Inc sits at the 37th percentile: it is larger than about 36% 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 Healing Species Inc ($119k), Gabriel House ($119k) and Travis Fredericks Blocking Out Hunger Foundation Inc ($119k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 25% of the total. At year end it held assets of $656k against liabilities of $1.2m, net assets of -$562k.

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.