Sabina Senior Housing Corporation

Analysis

Sabina Senior Housing Corporation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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, Sabina Senior Housing Corporation reported income of $980k and spending of $1.3m, spending 128% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.0m to $980k (-2.2%), an average of -0.5% a year. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sabina Senior Housing Corporation 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 79th percentile, and in the 78th percentile within IL. Charities of a similar size with the same main cause include Marshall County Council on Aging Inc ($979k), Boy Scouts of America ($980k) and County of Dodge Project Head Start ($979k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 99% of the total. Other salaries and wages came to $204k. At year end it held assets of $5.5m against liabilities of $878k, net assets of $4.7m.

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.