Greeley Senior Housing Corporation

Analysis

Greeley Senior Housing Corporation is a registered charity in United States, based in Greeley, CO. It received its IRS tax-exemption ruling in March 1995, 31 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, Greeley Senior Housing Corporation reported income of $342k and spending of $404k, spending 118% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $277k to $342k (+24%), an average of +5.5% a year. Over the whole period it spent 124% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Greeley Senior Housing Corporation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 61st percentile within CO. Charities of a similar size with the same main cause include Sempiternal Society Inc ($342k), Fish of Albany Incorporated ($342k) and Horizons Collaborative Inc ($342k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 97% of the total. Other salaries and wages came to $34k. At year end it held assets of $997k against liabilities of $25k, net assets of $972k. It reported 4 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.