Mid-Peninsula Oroysom Senior Housing Inc

Analysis

Mid-Peninsula Oroysom Senior Housing Inc is a registered charity in United States, based in Foster City, CA. It received its IRS tax-exemption ruling in June 1998, 28 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, Mid-Peninsula Oroysom Senior Housing Inc reported income of $501k and spending of $636k, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $427k to $501k (+17%), an average of +4.0% a year. Over the whole period it spent 133% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mid-Peninsula Oroysom Senior Housing Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Christian Manor II Inc ($501k), Sanctified Hope Inc ($501k) and Rebuilding Together Arlington Fairfax Falls Church Inc ($500k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 35% of the total. Other salaries and wages came to $63k. At year end it held assets of $3.1m against liabilities of $2.8m, net assets of $282k.

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.