Presbyterian Seniorcare Foundation

Analysis

Presbyterian Seniorcare Foundation is a registered charity in United States, based in Oakmont, PA. It received its IRS tax-exemption ruling in March 2003, 23 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Presbyterian Seniorcare Foundation reported income of $3.5m and spending of $4.9m, spending 139% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $3.5m (+44%), an average of +9.5% a year. The sharpest change came in the year to December 2020, when income rose by 70%. Over the whole period it spent 103% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Presbyterian Seniorcare Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within PA. Charities of a similar size with the same main cause include Community Action Human Resources Agency ($3.5m), Community Housing & Service Corp ($3.5m) and California Coalition for Rural Housing Project ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Other salaries and wages came to $307k. At year end it held assets of $7.6m against liabilities of $1.0m, net assets of $6.5m.