Seneca Housing Corporation

Analysis

Seneca Housing Corporation is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in October 2005, 21 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 September 2023, Seneca Housing Corporation reported income of $107k and spending of $113k, spending 106% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $101k to $107k (+5.7%), an average of +1.4% a year. The sharpest change came in the year to September 2022, when income rose by 37%. Over the whole period it spent 98% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Seneca Housing Corporation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 44th percentile within SC. Charities of a similar size with the same main cause include Abilities at Fountain Square Inc ($107k), South Shore Group Home IV Inc ($107k) and Kennewick Perry Suites ($107k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 59% and program service revenue 40% of the total. At year end it held assets of $748k against liabilities of $46k, net assets of $702k.