Aaa Elderly Housing-Heritage Manor of Crossett Inc

Analysis

Aaa Elderly Housing-Heritage Manor of Crossett Inc is a registered charity in United States, based in Pine Bluff, AR. It received its IRS tax-exemption ruling in April 1994, 32 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 June 2023, Aaa Elderly Housing-Heritage Manor of Crossett Inc reported income of $287k and spending of $116k, leaving 59% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $74k to $287k (+288%), an average of +288% a year. The sharpest change came in the year to June 2023, when income rose by 288%. Over the whole period it spent 63% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Aaa Elderly Housing-Heritage Manor of Crossett Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within AR. Charities of a similar size with the same main cause include National Christian Charitable Foundation Inc ($287k), Providence Fire & Rescue Inc ($287k) and Whitfield Education Foundation Inc ($287k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 33% of the total. Other salaries and wages came to $39k. At year end it held assets of $355k against liabilities of $30k, net assets of $325k.