SNHS Elderly Housing X

Analysis

SNHS Elderly Housing X 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 X reported income of $201k and spending of $252k, spending 126% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $154k to $201k (+30%), an average of +6.8% a year. The sharpest change came in the year to June 2024, when income rose by 17%. Over the whole period it spent 137% 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 X sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 56th percentile within NH. Charities of a similar size with the same main cause include Delhi Senior Housing Development Fund Company II Inc ($201k), Hammer & Nails Inc ($201k) and Orrington Housing Corp ($201k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 53% and program service revenue 47% 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 -$531k.

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.