Senior Housing Association of White Lake Inc

Analysis

Senior Housing Association of White Lake Inc is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in July 1981, 45 years ago. 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, Senior Housing Association of White Lake Inc reported income of $408k and spending of $446k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $418k to $408k (-2.3%), an average of -0.6% a year. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Senior Housing Association of White Lake Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within MI. Charities of a similar size with the same main cause include Medford Community Housing Inc ($408k), West Virginia National Guard Foundation Inc ($408k) and Owatonna Independent School District No 761 Foundation ($408k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.3% and program service revenue 102% of the total. Other salaries and wages came to $100k. At year end it held assets of $320k against liabilities of $1.2m, net assets of -$878k.