Five Seasons Senior Housing Inc

Analysis

Five Seasons Senior Housing Inc is a registered charity in United States, based in Cedar Rapids, IA. It received its IRS tax-exemption ruling in October 1992, 34 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Five Seasons Senior Housing Inc reported income of $388k and spending of $456k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $341k to $388k (+14%), an average of +3.2% a year. Over the whole period it spent 109% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Five Seasons Senior Housing Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 69th percentile within IA. Charities of a similar size with the same main cause include Lutheran Social Services of Central Ohio Marion Place I Housing Inc ($388k), Family Housing Management Company Inc ($388k) and Community Service Alliance ($388k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $84k. At year end it held assets of $1.5m against liabilities of $32k, net assets of $1.4m.

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.