Ofarrell Senior Housing Inc

Analysis

Ofarrell Senior Housing Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in May 2002, 24 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, Ofarrell Senior Housing Inc reported income of $1.1m and spending of $1.3m, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $937k to $1.1m (+15%), an average of +3.7% 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, Ofarrell Senior Housing Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Housing Now-Flaget Inc ($1.1m), Habitat for Humanity International Inc ($1.1m) and Newport Millennium Housing Corporation III ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $28.5m against liabilities of $6.4m, net assets of $22.1m.

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.