Naomi & Sylvester Smith Senior Living Center

Analysis

Naomi & Sylvester Smith Senior Living Center is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 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 December 2023, Naomi & Sylvester Smith Senior Living Center reported income of $996k and spending of $1.2m, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $912k to $996k (+9.2%), an average of +2.2% a year. Over the whole period it spent 128% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Naomi & Sylvester Smith Senior Living Center sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within IL. Charities of a similar size with the same main cause include Transitional Living Centers of Oklahoma Inc ($996k), CCSN Mojave Project Inc ($996k) and Dry Bones Denver ($996k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $329k. At year end it held assets of $9.2m against liabilities of $11.2m, net assets of -$2.0m. It reported 15 employees.

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.