SNHS Elderly Housing IX Inc

Analysis

SNHS Elderly Housing IX Inc is a registered charity in United States, based in Manchester, NH. It received its IRS tax-exemption ruling in October 2010, 16 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 June 2024, SNHS Elderly Housing IX Inc reported income of $192k and spending of $236k, spending 123% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $163k to $192k (+18%), an average of +4.2% a year. Over the whole period it spent 132% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, SNHS Elderly Housing IX Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 54th percentile within NH. Charities of a similar size with the same main cause include Wheels of Progress Inc ($192k), Peachtree Landing Inc ($192k) and Barton Housing Inc ($192k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 52% and program service revenue 48% of the total. Other salaries and wages came to $34k. At year end it held assets of $1.9m against liabilities of $2.4m, net assets of -$498k.

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.