SNHS Elderly Housing XI Inc

Analysis

SNHS Elderly Housing XI Inc is a registered charity in United States, based in Manchester, NH. It received its IRS tax-exemption ruling in November 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 March 2024, SNHS Elderly Housing XI Inc reported income of $256k and spending of $326k, spending 127% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income grew from $189k to $256k (+35%), an average of +7.9% a year. Over the whole period it spent 138% 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 XI Inc sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within NH. Charities of a similar size with the same main cause include Civitan Homes Inc ($256k), Casa Esperanza Housing Development Fund Inc ($256k) and Project Libertad ($256k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 58% and program service revenue 42% of the total. Other salaries and wages came to $69k. At year end it held assets of $2.5m against liabilities of $3.3m, net assets of -$802k.

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.