Converse County Senior Housing Incorporated

Analysis

Converse County Senior Housing Incorporated is a registered charity in United States, based in Douglas, WY. It received its IRS tax-exemption ruling in September 1983, 43 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 March 2024, Converse County Senior Housing Incorporated reported income of $832k and spending of $388k, leaving 53% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income grew from $337k to $832k (+147%), an average of +25% a year. The sharpest change came in the year to March 2024, when income rose by 114%. Over the whole period it spent 75% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Converse County Senior Housing Incorporated sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 80th percentile within WY. Charities of a similar size with the same main cause include Mar Vista Eldorado Inc ($832k), Napa Park Homes Inc ($832k) and Mountain View Housing Inc ($831k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 85% and program service revenue 15% of the total. Other salaries and wages came to $121k. At year end it held assets of $1.3m against liabilities of $610k, net assets of $651k. It reported 7 employees.