Puritan Organized Labor Senior House Inc

Analysis

Puritan Organized Labor Senior House Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in October 1980, 46 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 September 2023, Puritan Organized Labor Senior House Inc reported income of $659k and spending of $15k, leaving 98% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $17.3m to $659k (-96%), an average of -56% a year. The sharpest change came in the year to September 2020, when income dropped by 97%. Over the whole period it spent 4.4% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Puritan Organized Labor Senior House 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 74th percentile, and in the 75th percentile within KY. Charities of a similar size with the same main cause include Alexander Hamilton Memorial Free Library ($659k), Haifa Foundation North America Inc ($659k) and Action League of Bellingham ($659k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $19.9m against liabilities of $323, net assets of $19.9m.