Page Homestead Senior Housing Inc

Analysis

Page Homestead Senior Housing Inc is a registered charity in United States, based in Keene, NH. It received its IRS tax-exemption ruling in September 2008, 18 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, Page Homestead Senior Housing Inc reported income of $313k and spending of $466k, spending 149% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $276k to $313k (+14%), an average of +3.2% a year. Over the whole period it spent 176% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Page Homestead Senior Housing Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within NH. Charities of a similar size with the same main cause include Colorado Community Land Trust-Arapahoe LLC ($313k), Northwoods Alliance for Temporary Housing ($313k) and Sweet Evening Breeze ($313k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 60% of the total. At year end it held assets of $3.3m against liabilities of $5.2m, net assets of -$1.9m.

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.