Miller Place Senior Complex Inc

Analysis

Miller Place Senior Complex Inc is a registered charity in United States, based in Harrison, AR. It received its IRS tax-exemption ruling in May 2001, 25 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 December 2023, Miller Place Senior Complex Inc reported income of $115k and spending of $155k, spending 136% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $113k to $115k (+1.7%), an average of +0.4% a year. Over the whole period it spent 123% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Miller Place Senior Complex Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within AR. Charities of a similar size with the same main cause include His Oaks Inc ($114k), Richland Apartments Inc ($115k) and St John Neumann Conference ($114k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.7% and program service revenue 91% of the total. Other salaries and wages came to $15k. At year end it held assets of $809k against liabilities of $25k, net assets of $784k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.