Richland Senior Citizens Housing Phase IV Inc

Analysis

Richland Senior Citizens Housing Phase IV Inc is a registered charity in United States, based in Bloomington, IN. It received its IRS tax-exemption ruling in August 1984, 42 years ago. 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, Richland Senior Citizens Housing Phase IV Inc reported income of $105k and spending of $115k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $96k to $105k (+9.3%), an average of +9.3% a year. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Richland Senior Citizens Housing Phase IV Inc 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 38th percentile, and in the 36th percentile within IN. Charities of a similar size with the same main cause include Lakewood Symphony Orchestra ($105k), PTA California Congress of Parents Teachers & Students Inc ($105k) and Sav-A-Life of Covington County Inc ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 57% of the total. At year end it held assets of $118k against liabilities of $357k, net assets of -$240k.