SNHS Elderly Housing V Inc

Analysis

SNHS Elderly Housing V Inc is a registered charity in United States, based in Manchester, NH. It received its IRS tax-exemption ruling in November 2005, 21 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 June 2024, SNHS Elderly Housing V Inc reported income of $264k and spending of $336k, spending 127% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $230k to $264k (+15%), an average of +3.5% a year. Over the whole period it spent 127% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, SNHS Elderly Housing V Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within NH. Charities of a similar size with the same main cause include Serv Centers Housing Corporation Inc ($264k), Lymes Elderly Housing Inc ($264k) and One Roof Chicago ($264k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 41% and program service revenue 59% of the total. Other salaries and wages came to $63k. At year end it held assets of $1.8m against liabilities of $3.0m, net assets of -$1.2m.

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.