Buffalo Senior Housing Corporation

Analysis

Buffalo Senior Housing Corporation is a registered charity in United States, based in Mechanicsvlle, IA. It received its IRS tax-exemption ruling in December 2019, 7 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 December 2023, Buffalo Senior Housing Corporation reported income of $90k and spending of $88k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $79k to $90k (+15%), an average of +15% a year. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Buffalo Senior Housing Corporation sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within IA. Charities of a similar size with the same main cause include Blessed Horizons Inc ($90k), Virginia Place Apartments Inc ($90k) and Riverview Village II Inc ($90k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $290k against liabilities of $242k, net assets of $48k.