Senior Citizens Y-House of Beaumont Inc

Analysis

Senior Citizens Y-House of Beaumont Inc is a registered charity in United States, based in Beaumont, TX. It received its IRS tax-exemption ruling in January 1997, 29 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 December 2023, Senior Citizens Y-House of Beaumont Inc reported income of $443k and spending of $443k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.7m to $443k (-88%), an average of -41% a year. The sharpest change came in the year to December 2020, when income dropped by 91%. Over the whole period it spent 31% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Senior Citizens Y-House of Beaumont Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 73rd percentile within TX. Charities of a similar size with the same main cause include Ebc Housing III ($443k), Lee Building Industry Association Builders Care Inc ($443k) and Westminster Asbury East Inc ($443k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $62k. At year end it held assets of $3.8m against liabilities of $2.3m, net assets of $1.5m.