Redlands Senior Housing Inc
Analysis
Redlands Senior Housing Inc is a registered charity in United States, based in Duarte, CA. It received its IRS tax-exemption ruling in November 1983, 43 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending September 2023, Redlands Senior Housing Inc reported income of $1.5m and spending of $1.3m, spending 85% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $976k to $1.5m (+59%), an average of +12% a year. The sharpest change came in the year to September 2021, when income rose by 38%. Over the whole period it spent 80% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Redlands Senior Housing Inc sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Delaware Rental Preservation Corporation ($1.5m), Housing Court Answers Inc ($1.5m) and Haven House ($1.5m).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 78% and program service revenue 21% of the total. At year end it held assets of $1.9m against liabilities of $3.3m, net assets of -$1.5m.
Income and spending
Where the income comes from
- Contributions & grants 78%
- Program services 21%
- Other 1.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Delaware Rental Preservation Corporation | Dover | $1.5m |
| Housing Court Answers Inc | New York | $1.5m |
| Haven House | East Lansing | $1.5m |
| Agape Homes CDC | Houston | $1.5m |