Homes for Senior Citizens Inc

Analysis

Homes for Senior Citizens Inc is a registered charity in United States, based in Pueblo, CO. It received its IRS tax-exemption ruling in June 1988, 38 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, Homes for Senior Citizens Inc reported income of $213k and spending of $197k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $189k to $213k (+13%), an average of +3.0% a year. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Homes for Senior Citizens Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within CO. Charities of a similar size with the same main cause include St Vincent de Paul Society of Crook County Inc ($213k), American Planning Association ($213k) and Missouri Press Foundation Inc ($213k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.5% and program service revenue 99% of the total. Other salaries and wages came to $39k. At year end it held assets of $297k against liabilities of $18k, net assets of $279k. It reported 2 employees.