Senior Housing Relief for Elders Inc

Analysis

Senior Housing Relief for Elders Inc is a registered charity in United States, based in Menifee, CA. It received its IRS tax-exemption ruling in June 2022, 4 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 June 2024, Senior Housing Relief for Elders Inc reported income of $971k and spending of $242k, leaving 75% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $200k to $971k (+385%), an average of +120% a year. The sharpest change came in the year to June 2024, when income rose by 293%. Over the whole period it spent 47% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Senior Housing Relief for Elders Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Generations Housing Initiatives ($971k), Oasis of Hope Community Development Corp ($971k) and Genesis Non-Profit Housing Corporation ($970k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% and program service revenue 0.7% of the total. Other salaries and wages came to $137k. It paid $12k in professional fundraising fees. At year end it held assets of $757k against liabilities of $6,252, net assets of $750k.