Aaa Elderly Housing - Heritage Villa of Pine Bluff Inc

Analysis

Aaa Elderly Housing - Heritage Villa of Pine Bluff Inc is a registered charity in United States, based in Pine Bluff, AR. It received its IRS tax-exemption ruling in August 1997, 29 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, Aaa Elderly Housing - Heritage Villa of Pine Bluff Inc reported income of $243k and spending of $170k, leaving 30% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $128k to $243k (+90%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 78%. Over the whole period it spent 109% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Aaa Elderly Housing - Heritage Villa of Pine Bluff Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 59th percentile within AR. Charities of a similar size with the same main cause include Phelps Foundation ($243k), Hospitality House ($243k) and Sawyer Memorial Housing Inc ($243k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 57% of the total. Compensation of current officers, directors and key employees was $34k (20% of expenses). At year end it held assets of $648k against liabilities of $95k, net assets of $553k.