Kalispell Senior Housing Inc

Analysis

Kalispell Senior Housing Inc is a registered charity in United States, based in St Paul, MN. It received its IRS tax-exemption ruling in November 2009, 17 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 2024, Kalispell Senior Housing Inc reported income of $143k and spending of $221k, spending 155% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income fell from $150k to $143k (-4.9%), an average of -1.2% a year. Over the whole period it spent 140% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Kalispell Senior Housing Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 43rd percentile within MN. Charities of a similar size with the same main cause include Love N Kindness Community Development Corporation ($143k), Evans Place Housing Inc ($143k) and Hope Society Inc ($143k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 34% and program service revenue 62% of the total. Other salaries and wages came to $16k. At year end it held assets of $2.9m against liabilities of $32k, net assets of $2.9m.

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.