Salishan Senior Housing

Analysis

Salishan Senior Housing is a registered charity in United States, based in Duarte, CA. It received its IRS tax-exemption ruling in November 2009, 17 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 September 2023, Salishan Senior Housing reported income of $493k and spending of $739k, spending 150% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $415k to $493k (+19%), an average of +4.4% a year. Over the whole period it spent 162% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Salishan Senior Housing sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include MM Senior Housing Inc ($493k), Preserve Spencer House Inc ($493k) and Beheard ($493k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 65% and program service revenue 33% of the total. At year end it held assets of $8.6m against liabilities of $11.5m, net assets of -$2.9m.

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.