Senior Housing Inc

Analysis

Senior Housing Inc is a registered charity in United States, based in Des Plaines, IL. It received its IRS tax-exemption ruling in June 1982, 44 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 June 2024, Senior Housing Inc reported income of $1.0m and spending of $915k, spending 88% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $940k to $1.0m (+11%), an average of +2.1% a year. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Senior Housing Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within IL. Charities of a similar size with the same main cause include Cover Home Repair Inc ($1.0m), Golden Years Senior Apartments Inc ($1.0m) and Home Repair Resource Center ($1.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 80% and program service revenue 19% of the total. Other salaries and wages came to $223k. At year end it held assets of $944k against liabilities of $2.5m, net assets of -$1.6m.