Creative Senior Housing

Analysis

Creative Senior Housing is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in March 2007, 19 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 2024, Creative Senior Housing reported income of $374k and spending of $513k, spending 137% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $312k to $374k (+20%), an average of +4.7% a year. Over the whole period it spent 141% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Creative Senior Housing sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within OH. Charities of a similar size with the same main cause include Casa de Merced ($374k), 6-8 Inc ($374k) and Brocton Housing Development Fund Company Inc ($374k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 40% and program service revenue 57% of the total. At year end it held assets of $3.8m against liabilities of $5.4m, net assets of -$1.6m.

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.