Senior Haven Apartments Inc

Analysis

Senior Haven Apartments Inc is a registered charity in United States, based in Malvern, AR. It received its IRS tax-exemption ruling in August 2001, 25 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Senior Haven Apartments Inc reported income of $161k and spending of $202k, spending 125% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $152k to $161k (+6.1%), an average of +1.5% a year. Over the whole period it spent 114% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Senior Haven Apartments Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within AR. Charities of a similar size with the same main cause include Presbyterian Oaks III Incorporated ($161k), Nairobi Housing Inc ($161k) and Sutton Irvine Residences Inc ($161k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $46k. At year end it held assets of $945k against liabilities of $22k, net assets of $923k.