Barrio Viejo Elderly Housing Inc

Analysis

Barrio Viejo Elderly Housing Inc is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in August 2000, 26 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, Barrio Viejo Elderly Housing Inc reported income of $551k and spending of $596k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $368k to $551k (+50%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 128% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Barrio Viejo Elderly Housing Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 69th percentile within AZ. Charities of a similar size with the same main cause include Jennings Senior Housing Inc ($551k), 1350 Ogden Avenue HDFC Inc ($552k) and Family Promise of Grayson County Inc ($550k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 44% of the total. Other salaries and wages came to $110k. At year end it held assets of $1.7m against liabilities of $3.6m, net assets of -$1.9m.

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.