Hookston Senior Homes Inc

Analysis

Hookston Senior Homes Inc is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in April 1999, 27 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hookston Senior Homes Inc reported income of $22.4m and spending of $11.0m, leaving 51% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $22.4m (+884%), an average of +77% a year. The sharpest change came in the year to December 2022, when income rose by 170%. Over the whole period it spent 64% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Hookston Senior Homes Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Ragin Cajun Facilities Inc ($22.4m), Greenville Housing Fund ($22.5m) and LTSC Community Development Corporation ($22.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 42% of the total. At year end it held assets of $15.8m against liabilities of $104k, net assets of $15.7m.