Cleveland County Senior Citizens Housing Inc

Analysis

Cleveland County Senior Citizens Housing Inc is a registered charity in United States, based in Shelby, NC. It received its IRS tax-exemption ruling in December 1988, 38 years ago. 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 December 2023, Cleveland County Senior Citizens Housing Inc reported income of $457k and spending of $412k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $420k to $457k (+8.9%), an average of +2.2% a year. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cleveland County Senior Citizens Housing Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within NC. Charities of a similar size with the same main cause include International Society for the Study of Behavioral Development ($457k), American Society of Civil Engineers ($457k) and Apple Valley Senior Citizens Club Inc ($457k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 29% of the total. At year end it held assets of $788k against liabilities of $1.1m, net assets of -$354k.