Cullman Senior Housing Inc

Analysis

Cullman Senior Housing Inc is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in October 1990, 36 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 September 2023, Cullman Senior Housing Inc reported income of $509k and spending of $532k, spending 104% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $475k to $509k (+7.2%), an average of +1.7% a year. Over the whole period it spent 105% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Cullman Senior Housing Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 73rd percentile within AL. Charities of a similar size with the same main cause include Missouri Energycare Inc ($509k), Casa Caribe Inc ($509k) and Capitol Heights Place II Inc ($509k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 68% and program service revenue 31% of the total. Other salaries and wages came to $111k. At year end it held assets of $1.3m against liabilities of $2.0m, net assets of -$687k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.