Aaa Elderly Housing - Heritage Court of Sheridan Inc

Analysis

Aaa Elderly Housing - Heritage Court of Sheridan Inc is a registered charity in United States, based in Pine Bluff, AR. It received its IRS tax-exemption ruling in July 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 Court of Sheridan Inc reported income of $127k and spending of $110k, spending 87% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $76k to $127k (+68%), an average of +68% a year. The sharpest change came in the year to June 2023, when income rose by 68%. Over the whole period it spent 106% 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 Court of Sheridan Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within AR. Charities of a similar size with the same main cause include Peoples Organization for Strategic Excellence Pose CDC Inc ($127k), Fiddlers Manor Inc ($127k) and Casco Community Housing Corporation ($127k).

On its Form 990-EZ for the period ending June 2023, revenue came from program service revenue 64% of the total. At year end it held assets of $400k against liabilities of $26k, net assets of $374k.