Senior Veterans Housing Assoc Inc

Analysis

Senior Veterans Housing Assoc Inc is a registered charity in United States, based in Ashtabula, OH. It received its IRS tax-exemption ruling in March 1991, 35 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 May 2024, Senior Veterans Housing Assoc Inc reported income of $275k and spending of $327k, spending 119% of what it took in. Across the 5 years on record, from May 2020 to May 2024, income fell from $292k to $275k (-5.9%), an average of -1.5% a year. The sharpest change came in the year to May 2024, when income dropped by 18%. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Senior Veterans Housing Assoc Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within OH. Charities of a similar size with the same main cause include Love Regardless Inc ($275k), Torrington Community Housing Corporation ($275k) and Hale Mahaolu Eono Inc ($274k).

On its Form 990 for the period ending May 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $43k. At year end it held assets of $449k against liabilities of $862k, net assets of -$414k. It reported 2 employees.