Haight Street Senior Housing Inc

Analysis

Haight Street Senior Housing Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Haight Street Senior Housing Inc reported income of $656k and spending of $1.1m, spending 161% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $388k to $656k (+69%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 42%. Over the whole period it spent 185% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Haight Street Senior Housing Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Ft Washington Adventist Apartments Inc ($656k), Family Promise of Ontario County Inc ($656k) and Diakonia Housing I Inc ($656k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 35% of the total. Other salaries and wages came to $129k. At year end it held assets of $10.0m against liabilities of $10.2m, net assets of -$239k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.