Gustavus Senior Care

Analysis

Gustavus Senior Care is a registered charity in United States, based in Farmdale, OH. It received its IRS tax-exemption ruling in June 2017, 9 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, Gustavus Senior Care reported income of $860k and spending of $1.2m, spending 140% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.3m to $860k (-62%), an average of -22% a year. The sharpest change came in the year to December 2021, when income rose by 29981%. Over the whole period it spent 69% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Gustavus Senior Care sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within OH. Charities of a similar size with the same main cause include Shingle Creek Senior Housing ($859k), Epworth Housing Foundation Cpe ($861k) and Aafe Community Development Fund Inc ($859k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.5% and program service revenue 97% of the total. Other salaries and wages came to $597k. At year end it held assets of $4.0m against liabilities of $1.5m, net assets of $2.5m. It reported 24 employees.