Ca Elderly Housing Inc

Analysis

Ca Elderly Housing Inc is a registered charity in United States, based in Duluth, GA. It received its IRS tax-exemption ruling in August 1987, 39 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 June 2023, Ca Elderly Housing Inc reported income of $1.2m and spending of $1.2m, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $907k to $1.2m (+33%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 28%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ca Elderly Housing Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within GA. Charities of a similar size with the same main cause include University Neighborhood Housing Program Inc ($1.2m), Arapahoe Youth League Inc ($1.2m) and Ephrata Community Ambulance Association Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $274k. At year end it held assets of $3.4m against liabilities of $98k, net assets of $3.3m.