Union Plaza Senior Housing Inc

Analysis

Union Plaza Senior Housing Inc is a registered charity in United States, based in Pueblo, CO. It received its IRS tax-exemption ruling in August 1992, 34 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, Union Plaza Senior Housing Inc reported income of $318k and spending of $385k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $254k to $318k (+25%), an average of +5.8% a year. Over the whole period it spent 131% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Union Plaza Senior Housing Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within CO. Charities of a similar size with the same main cause include Ahepa 192-Iii ($317k), Golden Acres Inc ($318k) and Marys Place Pittsburgh ($317k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.0m against liabilities of $161k, net assets of $856k.

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.