El Mirage Senior Village

Analysis

El Mirage Senior Village is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in March 2012, 14 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, El Mirage Senior Village reported income of $349k and spending of $424k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $304k to $349k (+15%), an average of +3.6% a year. Over the whole period it spent 118% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, El Mirage Senior Village 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 Rock Solid Recovery Inc ($349k), New Hope Community Development Non-Profit Housing Corporation ($349k) and Charles Street Village Inc ($349k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. At year end it held assets of $495k against liabilities of $51k, net assets of $444k.

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.