Evergreen Court Senior Housing Association

Analysis

Evergreen Court Senior Housing Association is a registered charity in United States, based in Everett, WA. It received its IRS tax-exemption ruling in February 1996, 30 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 December 2023, Evergreen Court Senior Housing Association reported income of $726k and spending of $856k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $271k to $726k (+168%), an average of +28% a year. The sharpest change came in the year to December 2021, when income rose by 72%. Over the whole period it spent 92% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Evergreen Court Senior Housing Association sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within WA. Charities of a similar size with the same main cause include Multi-Ethnic East Housing ($726k), Community Outreach Housing ($726k) and Southern California Housing Collaborative ($726k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 22% of the total. Other salaries and wages came to $83k. At year end it held assets of $1.9m against liabilities of $35k, net assets of $1.8m.