Osage Heights Senior Housing Inc

Analysis

Osage Heights Senior Housing Inc is a registered charity in United States, based in Harrison, AR. It received its IRS tax-exemption ruling in July 1999, 27 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, Osage Heights Senior Housing Inc reported income of $124k and spending of $143k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $106k to $124k (+17%), an average of +4.0% a year. The sharpest change came in the year to December 2020, when income rose by 21%. Over the whole period it spent 120% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Osage Heights Senior Housing Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within AR. Charities of a similar size with the same main cause include Ocl Properties Xiv Inc ($124k), Thi-6 ($124k) and The Bashor Homeless Mens Night Shelter Inc ($124k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 65% of the total. Other salaries and wages came to $16k. At year end it held assets of $754k against liabilities of $14k, net assets of $740k.

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.