Homes-Casas Elderly Housing Inc

Analysis

Homes-Casas Elderly Housing Inc is a registered charity in United States, based in Fremont, OH. It received its IRS tax-exemption ruling in July 1993, 33 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 March 2020, Homes-Casas Elderly Housing Inc reported income of $479k and spending of $515k, spending 108% of what it took in. Across the 2 years on record, from March 2019 to March 2020, income grew from $461k to $479k (+3.8%), an average of +3.8% a year. Over the whole period it spent 106% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Homes-Casas Elderly Housing Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within OH. Charities of a similar size with the same main cause include Community Supportive Living Systems Inc ($479k), Affordable Housing Alliance of Central Ohio ($479k) and Sacramento Elderly Housing Corporation ($478k).

On its Form 990 for the period ending March 2020, revenue came from contributions and grants 63% and program service revenue 37% of the total. Other salaries and wages came to $56k. At year end it held assets of $0 against liabilities of $0, net assets of $0.