Affordable Senior Housing of Westhampton Inc

Analysis

Affordable Senior Housing of Westhampton Inc is a registered charity in United States, based in Chesterfield, MA. It received its IRS tax-exemption ruling in June 2024, 2 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, Affordable Senior Housing of Westhampton Inc reported income of $82k and spending of $126k, spending 154% of what it took in. Across the 3 years on record, from June 2019 to June 2023, income grew from $76k to $82k (+7.1%), an average of +3.5% a year. Over the whole period it spent 149% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Affordable Senior Housing of Westhampton Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 39th percentile within MA. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($81k), Belmeno Hope Harbor Housing ($82k) and Seton Village Housing Corporation ($81k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $1.2m against liabilities of $1.5m, net assets of -$259k.

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.