Successful Living Supportive Housing Program

Analysis

Successful Living Supportive Housing Program is a registered charity in United States, based in Iowa City, IA. It received its IRS tax-exemption ruling in October 1998, 28 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 June 2023, Successful Living Supportive Housing Program reported income of $3.3m and spending of $3.1m, spending 93% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.3m to $3.3m (+47%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 25%. Over the whole period it spent 92% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Successful Living Supportive Housing Program sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within IA. Charities of a similar size with the same main cause include Posada ($3.3m), Brighter Horizon Group Homes Inc ($3.3m) and North Hollywood Senior Citizens Towers Inc ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10% and program service revenue 90% of the total. Other salaries and wages came to $1.9m. At year end it held assets of $3.6m against liabilities of $2.2m, net assets of $1.4m. It reported 87 employees.