Beverly Hills Senior Citizens Housing Corporation

Analysis

Beverly Hills Senior Citizens Housing Corporation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in September 1982, 44 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 August 2023, Beverly Hills Senior Citizens Housing Corporation reported income of $1.1m and spending of $587k, leaving 47% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income fell from $4.0m to $1.1m (-73%), an average of -28% a year. The sharpest change came in the year to August 2023, when income dropped by 75%. Over the whole period it spent 54% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Beverly Hills Senior Citizens Housing Corporation 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 Keystone Rescue Mission Alliance Inc ($1.1m), Oklahoma City Housing Services Redevelopment Corporation ($1.1m) and Mount Zion Housing Development ($1.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 84% and program service revenue 15% of the total. At year end it held assets of $6.1m against liabilities of $0, net assets of $6.1m.