Atwood Elder Housing Inc

Analysis

Atwood Elder Housing Inc is a registered charity in United States, based in Worcester, MA. It received its IRS tax-exemption ruling in February 2014, 12 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 October 2023, Atwood Elder Housing Inc reported income of $392k and spending of $572k, spending 146% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income grew from $342k to $392k (+15%), an average of +3.5% a year. The sharpest change came in the year to October 2022, when income rose by 29%. Over the whole period it spent 151% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Atwood Elder Housing Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within MA. Charities of a similar size with the same main cause include Community Alternative Service Program Inc ($392k), Bishopaccountability Org Inc ($392k) and Folded Map Project ($392k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 54% and program service revenue 45% of the total. At year end it held assets of $4.7m against liabilities of $1.1m, net assets of $3.6m.

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.