Retiree Housing of Dallas Inc

Analysis

Retiree Housing of Dallas Inc is a registered charity in United States, based in Lyndhurst, OH. It received its IRS tax-exemption ruling in October 1987, 39 years ago. The IRS classifies it as a suspense under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Retiree Housing of Dallas Inc reported income of $199k and spending of $265k, spending 133% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income fell from $271k to $199k (-27%), an average of -7.5% a year. The sharpest change came in the year to March 2023, when income dropped by 35%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Retiree Housing of Dallas Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within OH. Charities of a similar size with the same main cause include Carlisle Township Veterans Memorial ($199k), Wilderness Health Care Foundation Inc ($199k) and United Spiritual Kingdom Inc ($199k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 67% and program service revenue 32% of the total. Other salaries and wages came to $51k. At year end it held assets of $760k against liabilities of $1.1m, net assets of -$333k. It reported 1 employees.