Aya Seniors Development Incorporated

Analysis

Aya Seniors Development Incorporated is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in May 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 December 2023, Aya Seniors Development Incorporated reported income of $255k and spending of $296k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $224k to $255k (+14%), an average of +3.3% a year. Over the whole period it spent 118% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Aya Seniors Development Incorporated sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within TX. Charities of a similar size with the same main cause include Venture Care Housing Development Fund Co Inc ($255k), Christmas in October ($255k) and Providence Place Housing Corporation ($255k).

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 $58k. At year end it held assets of $887k against liabilities of $13k, net assets of $875k. It reported 2 employees.

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.