Edwards Association Senior Housing

Analysis

Edwards Association Senior Housing is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in December 2014, 12 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, Edwards Association Senior Housing reported income of $169k and spending of $125k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $75k to $169k (+126%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 86%. Over the whole period it spent 105% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Edwards Association Senior Housing sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within TX. Charities of a similar size with the same main cause include Hearthstone Housing Ltd ($169k), Birch Leaf Apartments Inc ($169k) and Mama Nyumba II ($169k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $22k. At year end it held assets of $787k against liabilities of $24k, net assets of $762k.