St Lukes Senior Housing Inc

Analysis

St Lukes Senior Housing Inc is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in July 2006, 20 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, St Lukes Senior Housing Inc reported income of $279k and spending of $376k, spending 135% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $290k to $279k (-3.7%), an average of -0.9% a year. Over the whole period it spent 124% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, St Lukes Senior Housing Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within CT. Charities of a similar size with the same main cause include Cross Lanes Unity Apartments Inc ($279k), Northwest Charities ($279k) and Haven of Manitowoc County Inc ($279k).

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 $37k. At year end it held assets of $2.5m against liabilities of $82k, net assets of $2.5m.

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.