Grove Senior Housing Inc

Analysis

Grove Senior Housing Inc is a registered charity in United States, based in Tahlequah, OK. It received its IRS tax-exemption ruling in August 1984, 42 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, Grove Senior Housing Inc reported income of $166k and spending of $180k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $143k to $166k (+17%), an average of +3.9% a year. Over the whole period it spent 89% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Grove Senior Housing Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within OK. Charities of a similar size with the same main cause include Faith Project Incorporated ($166k), Holly Way Elderly Housing Inc ($166k) and Appalachian Work Camp Program Inc ($166k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 36% of the total. Other salaries and wages came to $19k. At year end it held assets of $250k against liabilities of $207k, net assets of $42k.