Deerfield Senior Housing Corp

Analysis

Deerfield Senior Housing Corp is a registered charity in United States, based in Skokie, IL. It received its IRS tax-exemption ruling in May 2015, 11 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 December 2023, Deerfield Senior Housing Corp reported income of $1.4m and spending of $1.2m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.4m (+23%), an average of +5.3% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Deerfield Senior Housing Corp sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within IL. Charities of a similar size with the same main cause include Corporation for Urban Home Ownership of New Haven ($1.4m), Lawrence Senior Housing Corporation ($1.4m) and Greater Rochester Housing Partnership Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $186k. At year end it held assets of $2.4m against liabilities of $7.3m, net assets of -$4.9m.