Allendale Senior Housing Corporation

Analysis

Allendale Senior Housing Corporation is a registered charity in United States, based in Allendale, NJ. It received its IRS tax-exemption ruling in February 1995, 31 years ago. 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 December 2023, Allendale Senior Housing Corporation reported income of $627k and spending of $187k, leaving 70% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $27k to $627k (+2261%), an average of +120% a year. The sharpest change came in the year to December 2020, when income rose by 452%. Over the whole period it spent 48% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Allendale Senior Housing Corporation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 78th percentile within NJ. Charities of a similar size with the same main cause include St Paul Day Care ($627k), Santa Rosa Historical Society Inc ($627k) and Ensign Peak Foundation ($627k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 58% of the total. At year end it held assets of $1.1m against liabilities of $26k, net assets of $1.1m.