Hebrew Seniorlife Affiliated Medical Group Inc

Analysis

Hebrew Seniorlife Affiliated Medical Group Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in March 2020, 6 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 September 2023, Hebrew Seniorlife Affiliated Medical Group Inc reported income of $191k and spending of $405k, spending 212% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $353k to $191k (-46%), an average of -14% a year. The sharpest change came in the year to September 2023, when income dropped by 37%. Over the whole period it spent 144% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Hebrew Seniorlife Affiliated Medical Group Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within MA. Charities of a similar size with the same main cause include Spectrum Closter Apartments Inc ($191k), Asi Freeport Inc ($191k) and FF of Kettering Park Three Inc ($191k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $132k. At year end it held assets of $238k against liabilities of $1.0m, net assets of -$803k. It reported 10 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.