Elizabeth James Senior Housing

Analysis

Elizabeth James Senior Housing is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in June 1993, 33 years ago. 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, Elizabeth James Senior Housing reported income of $777k and spending of $794k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $644k to $777k (+21%), an average of +4.8% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Elizabeth James Senior Housing sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within WA. Charities of a similar size with the same main cause include Amateur Athletic Union of the United States Inc ($777k), Pensacola Childrens Chorus Inc ($777k) and Coastal Seniors Inc ($777k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 30% of the total. Other salaries and wages came to $84k. At year end it held assets of $2.6m against liabilities of $1.2m, net assets of $1.3m.