Sr Senior Housing Inc

Analysis

Sr Senior Housing Inc is a registered charity in United States, based in Foster City, CA. It received its IRS tax-exemption ruling in December 1987, 39 years ago. 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, Sr Senior Housing Inc reported income of $431k and spending of $257k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $306k to $431k (+41%), an average of +8.9% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sr Senior Housing Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Ride to Walk Inc ($431k), E Makaala ($431k) and Student Debt Crisis Center ($431k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $6.0m against liabilities of $2.9m, net assets of $3.1m.