Houston Chinese Senior Estate Inc

Analysis

Houston Chinese Senior Estate Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in May 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, Houston Chinese Senior Estate Inc reported income of $589k and spending of $699k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $494k to $589k (+19%), an average of +4.5% a year. Over the whole period it spent 125% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Houston Chinese Senior Estate Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Taeckens Terrace Nonprofit Christian Ministries ($589k), Kent Affordable Housing Inc ($590k) and Sarah Daisy Garden Courts Inc ($589k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $142k. At year end it held assets of $1.8m against liabilities of $36k, net assets of $1.8m. It reported 6 employees.

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.