Retiree Housing of Atlanta Inc

Analysis

Retiree Housing of Atlanta Inc is a registered charity in United States, based in Lyndhurst, OH. It received its IRS tax-exemption ruling in December 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 September 2023, Retiree Housing of Atlanta Inc reported income of $595k and spending of $454k, leaving 24% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $526k to $595k (+13%), an average of +3.1% a year. Over the whole period it spent 84% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Retiree Housing of Atlanta Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within OH. Charities of a similar size with the same main cause include Ahepa 310-Iii Inc ($595k), Concord Senior Citizen Housing Dev ($595k) and Twin Pines Apartments Inc ($594k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Other salaries and wages came to $30k. At year end it held assets of $1.2m against liabilities of $1.7m, net assets of -$421k. It reported 2 employees.