North Dade Senior Citizens Housing Development Corporation Inc

Analysis

North Dade Senior Citizens Housing Development Corporation Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in August 2002, 24 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, North Dade Senior Citizens Housing Development Corporation Inc reported income of $1.5m and spending of $1.4m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $1.5m (+19%), an average of +4.5% a year. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, North Dade Senior Citizens Housing Development Corporation Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within FL. Charities of a similar size with the same main cause include Grace Court Inc ($1.5m), New Cassel Foundation Omaha Nebraska ($1.5m) and G H Real Holdings Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.0% and program service revenue 99% of the total. Other salaries and wages came to $251k. At year end it held assets of $1.8m against liabilities of $3.0m, net assets of -$1.2m. It reported 6 employees.