Beaumont Csi Senior Housing Inc

Analysis

Beaumont Csi Senior Housing Inc is a registered charity in United States, based in Warren, MI. It received its IRS tax-exemption ruling in December 1995, 31 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 June 2024, Beaumont Csi Senior Housing Inc reported income of $639k and spending of $662k, spending 104% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $517k to $639k (+24%), an average of +5.4% a year. Over the whole period it spent 108% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Beaumont Csi Senior Housing Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within MI. Charities of a similar size with the same main cause include Mt Zion a M E Apartments Inc ($639k), Harbor Point Community Task Force Inc ($639k) and Evangelical Senior Housing ($638k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 65% and program service revenue 34% of the total. At year end it held assets of $2.3m against liabilities of $54k, net assets of $2.2m.

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.