Colonial Senior Services Inc

Analysis

Colonial Senior Services Inc is a registered charity in United States, based in Hamilton, OH. It received its IRS tax-exemption ruling in November 2000, 26 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 2023, Colonial Senior Services Inc reported income of $33.0m and spending of $32.4m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $31.8m to $33.0m (+3.8%), an average of +0.9% a year. The sharpest change came in the year to June 2022, when income rose by 17%. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Colonial Senior Services Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within OH. Charities of a similar size with the same main cause include Christian Relief Services Charities Inc ($32.9m), The Legacy Midtown Park Inc ($33.0m) and Presbyterian Night Shelter of Tarrant County ($32.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.6% and program service revenue 92% of the total. Other salaries and wages came to $12.5m. At year end it held assets of $82.9m against liabilities of $39.8m, net assets of $43.1m. It reported 394 employees.