Lassen County Senior Housing Council Inc

Analysis

Lassen County Senior Housing Council Inc is a registered charity in United States, based in Carmichael, CA. It received its IRS tax-exemption ruling in April 1983, 43 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, Lassen County Senior Housing Council Inc reported income of $506k and spending of $548k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $468k to $506k (+8.0%), an average of +1.9% a year. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lassen County Senior Housing Council Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Texas Alliance of Groundwater Districts ($506k), National Church Residences of ($506k) and Simeanna South Inc ($506k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 34% of the total. Other salaries and wages came to $152k. At year end it held assets of $1.3m against liabilities of $1.6m, net assets of -$390k. It reported 2 employees.

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.