Cathedral City Senior Housing Inc

Analysis

Cathedral City Senior Housing Inc is a registered charity in United States, based in Warren, MI. It received its IRS tax-exemption ruling in August 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, Cathedral City Senior Housing Inc reported income of $686k and spending of $703k, spending 103% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $593k to $686k (+16%), an average of +3.7% a year. Over the whole period it spent 110% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Cathedral City 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 75th percentile within MI. Charities of a similar size with the same main cause include Baldwin Holdings Inc ($685k), Mallard Run Housing Development Charter No 1304420 ($686k) and Intunity ($685k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 68% and program service revenue 31% of the total. At year end it held assets of $2.6m against liabilities of $58k, net assets of $2.5m.

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.