Madison County Senior Housing Inc

Analysis

Madison County Senior Housing Inc is a registered charity in United States, based in Park Hills, MO. It received its IRS tax-exemption ruling in February 2020, 6 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, Madison County Senior Housing Inc reported income of $198k and spending of $222k, spending 112% of what it took in. Across the 3 years on record, from September 2021 to September 2023, income grew from $186k to $198k (+6.7%), an average of +3.3% a year. Over the whole period it spent 109% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Madison County Senior Housing Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within MO. Charities of a similar size with the same main cause include Naperville Elderly Homes Inc ($198k), East Harlem El Barrio Community Land Trust Inc ($198k) and Ahepa 23-Iii Inc ($198k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $14k. At year end it held assets of $1.3m against liabilities of $15k, net assets of $1.3m.

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.