Vicksburg Elderly Housing Inc

Analysis

Vicksburg Elderly Housing Inc is a registered charity in United States, based in Duluth, GA. It received its IRS tax-exemption ruling in March 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Vicksburg Elderly Housing Inc reported income of $676k and spending of $654k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $612k to $676k (+10%), an average of +2.5% a year. Over the whole period it spent 95% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Vicksburg Elderly Housing Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within GA. Charities of a similar size with the same main cause include Communityworks in West Virginia Inc ($675k), Ahepa 29 Phase III Inc ($676k) and Hacienda Villas Inc ($675k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $120k. At year end it held assets of $442k against liabilities of $763k, net assets of -$322k.