Seven Acres Jewish Senior Care Services Inc

Analysis

Seven Acres Jewish Senior Care Services Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in July 1944, 82 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 August 2023, Seven Acres Jewish Senior Care Services Inc reported income of $14.8m and spending of $17.6m, spending 119% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $22.8m to $14.8m (-35%), an average of -10% a year. The sharpest change came in the year to August 2023, when income dropped by 23%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Seven Acres Jewish Senior Care Services Inc sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Dickinson Center Inc ($14.8m), Fraunhofer USA Inc ($14.8m) and LA Red Health Center Inc ($14.8m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 20% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $738k (4.2% of expenses). Other salaries and wages came to $7.5m. It paid $2,000 in professional fundraising fees. At year end it held assets of $29.3m against liabilities of $4.6m, net assets of $24.6m. It reported 335 employees.