Alberta Simmons Senior Housing Inc

Analysis

Alberta Simmons Senior Housing Inc is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in January 1997, 29 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 June 2024, Alberta Simmons Senior Housing Inc reported income of $717k and spending of $893k, spending 125% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $636k to $717k (+13%), an average of +3.0% a year. Over the whole period it spent 126% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Alberta Simmons Senior Housing Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within OR. Charities of a similar size with the same main cause include Change-All Souls Housing Corporation ($717k), Boulder Housing Coalition ($717k) and Adams Senior Citizen Housing Corporation ($717k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 47% and program service revenue 52% of the total. Other salaries and wages came to $186k. At year end it held assets of $1.4m against liabilities of $47k, net assets of $1.3m.

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.