Overlook Senior Citizens Housing of Knox County Inc

Analysis

Overlook Senior Citizens Housing of Knox County Inc is a registered charity in United States, based in Morristown, TN. It received its IRS tax-exemption ruling in August 1987, 39 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 December 2023, Overlook Senior Citizens Housing of Knox County Inc reported income of $702k and spending of $760k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $690k to $702k (+1.7%), an average of +0.4% a year. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Overlook Senior Citizens Housing of Knox County Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within TN. Charities of a similar size with the same main cause include Harbor Hope Center ($702k), Nysd Rombouts Housing Development Fund Company Inc ($702k) and Phoenix Revitalization Corporation ($701k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. At year end it held assets of $2.9m against liabilities of $3.6m, net assets of -$683k.