Marymount Association for Senior Housing

Analysis

Marymount Association for Senior Housing is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in September 1983, 43 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 January 2024, Marymount Association for Senior Housing reported income of $442k and spending of $393k, spending 89% of its income. Across the 5 years on record, from January 2020 to January 2024, income grew from $432k to $442k (+2.3%), an average of +0.6% a year. Over the whole period it spent 91% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Marymount Association for Senior Housing sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Montana Fair Housing Incorporated ($442k), Brownstones Alliance Inc ($442k) and Gillette Apartments No 17 Inc ($442k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 63% and program service revenue 35% of the total. At year end it held assets of $584k against liabilities of $498k, net assets of $86k.