Ga Elderly Housing Inc

Analysis

Ga 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 December 2023, Ga Elderly Housing Inc reported income of $966k and spending of $827k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $888k to $966k (+8.8%), an average of +2.1% a year. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ga Elderly Housing Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 82nd percentile within GA. Charities of a similar size with the same main cause include North County Rape Crisis and Child Protection Center ($966k), Greater Philadelphia Film Office ($966k) and Sharpsburg Area Emergency Medical Service Inc ($966k).

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 $167k. At year end it held assets of $1.2m against liabilities of $1.6m, net assets of -$339k.