Bexley Senior Citizens Housing Corp

Analysis

Bexley Senior Citizens Housing Corp is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in September 1992, 34 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bexley Senior Citizens Housing Corp reported income of $420k and spending of $368k, spending 88% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $414k to $420k (+1.5%), an average of +0.3% a year. The sharpest change came in the year to December 2022, when income dropped by 100%. Over the whole period it spent 111% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Bexley Senior Citizens Housing Corp sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within OH. Charities of a similar size with the same main cause include West End Opportunity Partnership ($420k), Laurel Main Street Inc ($420k) and Summaeverythang Community Center ($420k).

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 $32k. At year end it held assets of $855k against liabilities of $2.6m, net assets of -$1.8m.