Waldorf Csi Senior Housing Inc

Analysis

Waldorf Csi Senior Housing Inc is a registered charity in United States, based in Warren, MI. It received its IRS tax-exemption ruling in December 2021, 5 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 December 2023, Waldorf Csi Senior Housing Inc reported income of $1.2m and spending of $1.3m, spending 106% of what it took in. The sharpest change came in the year to December 2022, when income rose by 144%. Over the whole period it spent 107% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Waldorf Csi Senior Housing Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within MI. Charities of a similar size with the same main cause include Carr Square Tenant Corporation ($1.2m), Affordable Housing Continuum ($1.2m) and Snoqulamie Valley Shelter Services ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 85% of the total. At year end it held assets of $8.0m against liabilities of $8.2m, net assets of -$213k.