Zion Tabernacle Senior Living Center Inc
Analysis
Zion Tabernacle Senior Living Center Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in April 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 (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, Zion Tabernacle Senior Living Center Inc reported income of $543k and spending of $581k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $533k to $543k (+1.8%), an average of +0.4% a year. Over the whole period it spent 105% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Zion Tabernacle Senior Living Center Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within IN. Charities of a similar size with the same main cause include Lincoln Park Renewal Corporation ($543k), Garfield County Senior Housing Corp ($543k) and Arc of Maui County - Molokai Residence ($543k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. Other salaries and wages came to $148k. At year end it held assets of $2.8m against liabilities of $82k, net assets of $2.7m.
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.
Income and spending
Where the income comes from
- Contributions & grants 70%
- Program services 30%
- Other 0.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Lincoln Park Renewal Corporation | Chicago | $543k |
| Garfield County Senior Housing Corp | Glenwood SPGS | $543k |
| Arc of Maui County - Molokai Residence | Wailuku | $543k |
| Allegria Court Inc | Providence | $543k |