Houston Chinese Senior Housing Corp

Analysis

Houston Chinese Senior Housing Corp is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in April 2000, 26 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, Houston Chinese Senior Housing Corp reported income of $370k and spending of $529k, spending 143% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $298k to $370k (+24%), an average of +5.5% a year. Over the whole period it spent 146% 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 Housing Corp sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 70th percentile within TX. Charities of a similar size with the same main cause include Kendal Aging ($370k), Greystone Manor Inc ($370k) and East Orange Housing and Community Development Corporation ($369k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.4% and program service revenue 96% of the total. Other salaries and wages came to $93k. At year end it held assets of $2.4m against liabilities of $39k, net assets of $2.3m. 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.