Crestview Senior Housing Inc

Analysis

Crestview Senior Housing Inc is a registered charity in United States, based in Gothenburg, NE. It received its IRS tax-exemption ruling in April 1995, 31 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 September 2023, Crestview Senior Housing Inc reported income of $75k and spending of $87k, spending 117% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $68k to $75k (+10%), an average of +2.5% a year. The sharpest change came in the year to September 2023, when income rose by 18%. Over the whole period it spent 122% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Crestview Senior Housing Inc sits at the 17th percentile: it is larger than about 17% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within NE. Charities of a similar size with the same main cause include Under His Wings Inc ($75k), Meadowood Gardens Inc ($75k) and Benton Utilities Share Program Inc ($75k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $539k against liabilities of $833k, net assets of -$295k. It reported 5 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.