Seleni House Foundation Inc

Analysis

Seleni House Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 2013, 13 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Seleni House Foundation Inc reported income of $410k and spending of $944k, spending 230% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $529k to $410k (-22%), an average of -6.2% a year. The sharpest change came in the year to December 2022, when income rose by 275%. Over the whole period it spent 111% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Seleni House Foundation Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 63rd percentile within NY. Charities of a similar size with the same main cause include Hearts Everywhere Reaching Out for Children Inc ($410k), Life Connections Counseling Center Inc ($410k) and Missouri Valley Ambulance Joint Powers Board ($410k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $267k (28% of expenses). Other salaries and wages came to $243k. At year end it held assets of $427k against liabilities of $934k, net assets of -$507k. It reported 6 employees.