Arbor Hill Assisted Living

Analysis

Arbor Hill Assisted Living is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in August 2011, 15 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, Arbor Hill Assisted Living reported income of $2.4m and spending of $2.8m, spending 117% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.6m to $2.4m (+46%), an average of +7.8% a year. The sharpest change came in the year to December 2022, when income rose by 29%. Over the whole period it spent 87% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Arbor Hill Assisted Living sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within RI. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($2.3m), Habitat for Humanity International Inc ($2.4m) and Neighborhood Housing Services of Los Angeles County ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 99% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $2.6m against liabilities of $2.6m, net assets of -$49k. It reported 52 employees.