Finch Hollow Senior Residences Inc

Analysis

Finch Hollow Senior Residences Inc is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in August 1993, 33 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 May 2023, Finch Hollow Senior Residences Inc reported income of $254k and spending of $308k, spending 121% of what it took in. Across the 4 years on record, from May 2020 to May 2023, income grew from $226k to $254k (+12%), an average of +4.0% a year. Over the whole period it spent 124% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Finch Hollow Senior Residences Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within KS. Charities of a similar size with the same main cause include Kids and Paper ($254k), Tri-Boro Volunteer Ambulance Corps Inc ($254k) and Lambda Center ($254k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 28% and program service revenue 66% of the total. At year end it held assets of $314k against liabilities of $39k, net assets of $275k.

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.