Senior Housing Association of Snohomish County

Analysis

Senior Housing Association of Snohomish County is a registered charity in United States, based in Everett, WA. It received its IRS tax-exemption ruling in July 1992, 34 years ago. 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, Senior Housing Association of Snohomish County reported income of $448k and spending of $427k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $392k to $448k (+14%), an average of +3.4% a year. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Senior Housing Association of Snohomish County sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within WA. Charities of a similar size with the same main cause include Her 2nd Chance Inc ($448k), Paul D Camp Community College Foundation ($448k) and Minnetonka Girls Softball Assoc ($448k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 27% of the total. Other salaries and wages came to $88k. At year end it held assets of $1.4m against liabilities of $1.3m, net assets of $85k.