Habitat for Safe Seniors Inc

Analysis

Habitat for Safe Seniors Inc is a registered charity in United States, based in Canyon Lake, TX. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Habitat for Safe Seniors Inc reported income of $706k and spending of $705k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $791k to $706k (-11%), an average of -2.8% a year. The sharpest change came in the year to December 2020, when income dropped by 33%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Habitat for Safe Seniors Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within TX. Charities of a similar size with the same main cause include Pioneer Valley Workers Center Inc ($706k), Be Proud Foundation ($706k) and Thrive Ministries Inc ($706k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $21k (3.0% of expenses). Other salaries and wages came to $8,320. At year end it held assets of $167k against liabilities of $1,058, net assets of $166k. It reported 2 employees.