Share Supportive Housing and Resources for the Elderly

Analysis

Share Supportive Housing and Resources for the Elderly is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in August 1994, 32 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 December 2023, Share Supportive Housing and Resources for the Elderly reported income of $2.9m and spending of $2.9m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.6m to $2.9m (-18%), an average of -4.9% a year. The sharpest change came in the year to December 2021, when income dropped by 18%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Share Supportive Housing and Resources for the Elderly sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within NV. Charities of a similar size with the same main cause include Student Health SVCS Support Fund ($2.9m), American Civil Liberties Union Fund of the District of Columbia ($2.9m) and Coronado Schools Foundation ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $130k (4.4% of expenses). Other salaries and wages came to $270k. At year end it held assets of $6.9m against liabilities of $5.2m, net assets of $1.7m.