Senior Housing Assistance Group

Analysis

Senior Housing Assistance Group is a registered charity in United States, based in Bellevue, WA. It received its IRS tax-exemption ruling in June 1988, 38 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 September 2023, Senior Housing Assistance Group reported income of $56.1m and spending of $56.1m, spending 100% of its income. Across the 4 years on record, from December 2020 to September 2023, income grew from $46.3m to $56.1m (+21%), an average of +6.6% a year. The sharpest change came in the year to September 2023, when income rose by 51%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Senior Housing Assistance Group sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within WA. Charities of a similar size with the same main cause include Museum of the Bible Inc ($56.0m), Dave Thomas Foundation for Adoption ($56.1m) and Volunteers of America Inc ($55.9m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $207k. At year end it held assets of $15.3m against liabilities of $2.1m, net assets of $13.2m.