Presentation Senior Community

Analysis

Presentation Senior Community is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in June 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Presentation Senior Community reported income of $1.6m and spending of $2.1m, spending 132% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.6m (+22%), an average of +5.0% a year. Over the whole period it spent 134% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Presentation Senior Community sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within CO. Charities of a similar size with the same main cause include Sebastopol Area Housing Corporation ($1.6m), Revere Elderly Housing Inc ($1.6m) and Beth-Anne Residences ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 26% of the total. At year end it held assets of $6.0m against liabilities of $387k, net assets of $5.6m.

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.