Gardena Senior Housing Inc

Analysis

Gardena Senior Housing Inc is a registered charity in United States, based in Warren, MI. It received its IRS tax-exemption ruling in July 1987, 39 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 June 2024, Gardena Senior Housing Inc reported income of $1.2m and spending of $1.1m, spending 95% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.0m to $1.2m (+13%), an average of +3.1% a year. Over the whole period it spent 89% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Gardena Senior Housing Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within MI. Charities of a similar size with the same main cause include Hope Restorations Inc ($1.2m), Public and Affordable Housing Research Corporation ($1.2m) and Scottish Rite Tower Development Corporation ($1.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 72% and program service revenue 28% of the total. At year end it held assets of $2.7m against liabilities of $3.4m, net assets of -$770k.