Eventide Senior Housing Inc

Analysis

Eventide Senior Housing Inc is a registered charity in United States, based in Denison, IA. It received its IRS tax-exemption ruling in May 1982, 44 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 June 2023, Eventide Senior Housing Inc reported income of $306k and spending of $278k, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $261k to $306k (+17%), an average of +4.0% a year. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Eventide Senior Housing Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within IA. Charities of a similar size with the same main cause include Independence Volunteer Rescue Squad Inc ($306k), Vocal Music Parents Association of Fountain Valley H S ($306k) and Orange Coast Optimist Club of Garden Grove ($306k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $51k. At year end it held assets of $536k against liabilities of $1.1m, net assets of -$568k.