Glenview Elderly Housing

Analysis

Glenview Elderly Housing is a registered charity in United States, based in Oak Brook, IL. It received its IRS tax-exemption ruling in June 1964, 62 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Glenview Elderly Housing reported income of $1.4m and spending of $1.6m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $774k to $1.4m (+86%), an average of +17% a year. The sharpest change came in the year to December 2020, when income rose by 78%. Over the whole period it spent 106% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Glenview Elderly Housing sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within IL. Charities of a similar size with the same main cause include Vanguard Landing Inc ($1.4m), Rogers Hall Corporation ($1.4m) and Deo Volente ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $296k. At year end it held assets of $2.3m against liabilities of $4.2m, net assets of -$1.8m.