Harrah Senior Housing Corporation

Analysis

Harrah Senior Housing Corporation is a registered charity in United States, based in Harrah, OK. It received its IRS tax-exemption ruling in October 1985, 41 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, Harrah Senior Housing Corporation reported income of $232k and spending of $196k, spending 85% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $223k to $232k (+3.7%), an average of +1.2% a year. Over the whole period it spent 86% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Harrah Senior Housing Corporation sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 58th percentile within OK. Charities of a similar size with the same main cause include Homes for Life Foundation ($231k), North Topeka Housing Corporation ($232k) and Rouse Housing Development Fund Company Inc ($231k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 62% and program service revenue 37% of the total. Other salaries and wages came to $46k. At year end it held assets of $305k against liabilities of $593k, net assets of -$288k. It reported 6 employees.