Sinai Assisted Housing Foundation Inc

Analysis

Sinai Assisted Housing Foundation Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in November 1992, 34 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, Sinai Assisted Housing Foundation Inc reported income of $355k and spending of $327k, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $261k to $355k (+36%), an average of +8.0% a year. The sharpest change came in the year to June 2021, when income rose by 102%. Over the whole period it spent 95% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Sinai Assisted Housing Foundation Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 38th percentile within DC. Charities of a similar size with the same main cause include Volunteers of America Inc ($355k), Eaton Senior Communities Inc ($355k) and Elderly Housing of West Union Inc ($355k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 2.8% of the total. Compensation of current officers, directors and key employees was $81k (25% of expenses). At year end it held assets of $886k against liabilities of $17k, net assets of $869k. It reported 2 employees.