Gault Street Senior Housing a Ca Nonprofit Public Benefit Corp

Analysis

Gault Street Senior Housing a Ca Nonprofit Public Benefit Corp is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in September 2002, 24 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 (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, Gault Street Senior Housing a Ca Nonprofit Public Benefit Corp reported income of $354k and spending of $554k, spending 157% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $316k to $354k (+12%), an average of +2.8% a year. Over the whole period it spent 151% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Gault Street Senior Housing a Ca Nonprofit Public Benefit Corp sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 62nd percentile within CO. Charities of a similar size with the same main cause include Ridgeway Village Associates Inc ($354k), Martnas Terrace Housing Corporation ($354k) and Ridgeview Village Inc ($354k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 51% of the total. At year end it held assets of $1.7m against liabilities of $97k, net assets of $1.6m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.