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Harford Senior Housing Inc

RegisteredEIN 52-1056462Bel Air, MDHousing and shelter
Income$1.5m2023-09
Spending$1.1msame year
Spent / received77%5-year average
Size in its cause78th pctHousing and shelter
Exempt since1979Publicly supported organisat
Employees6latest return

Analysis

Harford Senior Housing Inc is a registered charity in United States, based in Bel Air, MD. It received its IRS tax-exemption ruling in April 1979, 47 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 September 2023, Harford Senior Housing Inc reported income of $1.5m and spending of $1.1m, leaving 29% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.4m to $1.5m (+9.1%), an average of +2.2% a year. Over the whole period it spent 77% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Harford Senior Housing Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MD. Charities of a similar size with the same main cause include Shires Memorial Center ($1.5m), Fair Housing Foundation ($1.5m) and Peoples Self-Help Housing Inc ($1.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 62% and program service revenue 38% of the total. Other salaries and wages came to $295k. At year end it held assets of $1.3m against liabilities of $182k, net assets of $1.2m. It reported 6 employees.

Income and spending

$0$374k$748k$1.1m$1.5m2019 Income: $1,370,7522019 Spending: $1,110,32620192020 Income: $1,380,4612020 Spending: $1,096,03920202021 Income: $1,401,6462021 Spending: $1,113,89320212022 Income: $1,431,6932022 Spending: $1,084,67820222023 Income: $1,496,1392023 Spending: $1,064,3712023
IncomeSpending

Where the income comes from

  • Contributions & grants 62%
  • Program services 38%
  • Other 0.0%

Similar-sized charities, same cause

CharityLocationIncome
Shires Memorial CenterGlendale$1.5m
Fair Housing FoundationLong Beach$1.5m
Peoples Self-Help Housing IncVanceburg$1.5m
Rainbow Hil Apartments IncorporatedBartlesville$1.5m