Jarvis Gardens Senior Apartments Inc

Analysis

Jarvis Gardens Senior Apartments Inc is a registered charity in United States, based in Walnut Creek, CA. It received its IRS tax-exemption ruling in March 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2024, Jarvis Gardens Senior Apartments Inc reported income of $507k and spending of $786k, spending 155% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $455k to $507k (+11%), an average of +2.7% a year. Over the whole period it spent 154% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jarvis Gardens Senior Apartments Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include YWCA of San Francisco & Marin ($507k), Bethel Sanitarium Inc ($507k) and Lincoln County Senior Citizens Center Inc ($507k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 61% and program service revenue 38% of the total. Other salaries and wages came to $104k. At year end it held assets of $6.1m against liabilities of $10.0m, net assets of -$3.9m. It reported 3 employees.

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.