Regency Senior Housing Inc
Analysis
Regency Senior Housing Inc is a registered charity in United States, based in Atlanta, GA. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Regency Senior Housing Inc reported income of $1.0m and spending of $822k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $629k to $1.0m (+61%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 104% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Regency Senior Housing Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within GA. Charities of a similar size with the same main cause include Astor Assets Inc ($1.0m), Marion Unity Apartments Inc ($1.0m) and Etc Housing Corporation ($1.0m).
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 $142k. At year end it held assets of $1.9m against liabilities of $58k, net assets of $1.9m.
Income and spending
Where the income comes from
- Program services 99%
- Other 0.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Astor Assets Inc | Boston | $1.0m |
| Marion Unity Apartments Inc | Morgantown | $1.0m |
| Etc Housing Corporation | Plattsburgh | $1.0m |
| St Boniface Gardens Inc | Miami | $1.0m |