Decatur Church of Christ Senior Housing Inc

Analysis

Decatur Church of Christ Senior Housing Inc is a registered charity in United States, based in Decatur, GA. It received its IRS tax-exemption ruling in August 1973, 53 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 June 2023, Decatur Church of Christ Senior Housing Inc reported income of $4.3m and spending of $4.6m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.4m to $4.3m (-3.0%), an average of -0.8% 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, Decatur Church of Christ Senior Housing Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within GA. Charities of a similar size with the same main cause include Heartland Housing Inc ($4.3m), Nazareth Housing Inc ($4.3m) and Patricia and Mark Joseph Shelter Foundation Inc ($4.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 98% of the total. Other salaries and wages came to $1.0m. At year end it held assets of $16.7m against liabilities of $13.9m, net assets of $2.9m. It reported 39 employees.

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.