Senior Citizens Housing Development Corporation Of Washington
EIN: 521485732 · Pittsburgh, PA · NTEE: L22
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $1.2M |
| Net Assets | $-2,158,259 |
Is Senior Citizens Housing Development Corporation Of Washington Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Senior Citizens Housing Development Corporation Of Washington
Senior Citizens Housing Development Corporation Of Washington (EIN: 521485732) is a nonprofit organization based in Pittsburgh, PA, classified under NTEE code L22. The organization reported total revenue of $1.2M and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Senior Citizens Housing Development Corporation Of Washington's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Senior Citizens Housing Development Corporation Of Washington is a mid-size nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.2M |
| Surplus / Deficit | +$18K |
| Total Assets | $1.7M |
| Total Liabilities | $3.8M |
| Net Assets | $-2,158,259 |
| Operating Margin | 1.5% |
| Debt-to-Asset Ratio | 230.7% |
| Months of Reserves | 16.9 months |
Financial Health Grade: A
In 2023, Senior Citizens Housing Development Corporation Of Washington reported a surplus of $18K with revenue exceeding expenses, holds 16.9 months of operating reserves (strong position), has a debt-to-asset ratio of 230.7% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Senior Citizens Housing Development Corporation Of Washington's revenue has declined at a compound annual growth rate (CAGR) of -3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.8% | +1.0% | +5.0% |
| 2022 | +3.0% | +5.5% | -3.9% |
| 2021 | +2.6% | +6.0% | -6.5% |
| 2020 | +0.3% | -8.7% | -1.4% |
| 2019 | +0.9% | +15.1% | -7.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Senior Citizens Housing Development Corporation Of Washington has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Senior Citizens Housing Development Corporation Of Washington with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $18K, with revenue exceeding expenses.
- Debt-to-asset ratio: 230.7%.
Frequently Asked Questions about Senior Citizens Housing Development Corporation Of Washington
Is Senior Citizens Housing Development Corporation Of Washington a legitimate charity?
Senior Citizens Housing Development Corporation Of Washington (EIN: 521485732) is a registered tax-exempt nonprofit based in Pennsylvania. It has 13 years of IRS 990 filings on record. Total revenue: $1.2M. No red flags identified. Financial health grade: A.
How does Senior Citizens Housing Development Corporation Of Washington spend its money?
Senior Citizens Housing Development Corporation Of Washington reported $1.2M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Senior Citizens Housing Development Corporation Of Washington tax-deductible?
Senior Citizens Housing Development Corporation Of Washington is registered as a tax-exempt nonprofit (EIN: 521485732). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Senior Citizens Housing Development Corporation Of Washington located?
Senior Citizens Housing Development Corporation Of Washington is headquartered in Pittsburgh, Pennsylvania and files with the IRS under EIN 521485732. It is classified under NTEE code L22.
How many years of IRS 990 filings does Senior Citizens Housing Development Corporation Of Washington have?
Senior Citizens Housing Development Corporation Of Washington has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.2M in total revenue.
Filing History
IRS 990 filing history for Senior Citizens Housing Development Corporation Of Washington showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Senior Citizens Housing Development Corporation Of Washington's revenue has declined by 33%, moving from $1.8M to $1.2M. Total assets decreased by 62.7% over the same period, from $4.4M to $1.7M. Total functional expenses rose by 16.9%, from $1.0M to $1.2M. In its most recent filing year (2023), Senior Citizens Housing Development Corporation Of Washington reported a surplus of $18K, with revenue exceeding expenses. The organization holds $3.8M in liabilities against $1.7M in assets (debt-to-asset ratio: 230.7%), resulting in net assets of $-2,158,259.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.2M | $1.7M | $3.8M | — | — |
| 2022 | $1.1M | $1.2M | $1.6M | $3.7M | — | View 990 |
| 2021 | $1.1M | $1.1M | $1.6M | $3.8M | — | View 990 |
| 2020 | $1.1M | $1.0M | $1.7M | $3.9M | — | — |
| 2019 | $1.1M | $1.1M | $1.8M | $4.0M | — | View 990 |
| 2018 | $1.1M | $990K | $1.9M | $4.0M | — | View 990 |
| 2017 | $1.0M | $950K | $1.9M | $4.1M | — | View 990 |
| 2016 | $1.0M | $1.3M | $2.0M | $4.3M | — | — |
| 2015 | $994K | $1.4M | $2.3M | $4.3M | — | View 990 |
| 2014 | $974K | $1.4M | $2.8M | $4.4M | — | View 990 |
| 2013 | $944K | $1.4M | $3.3M | $4.4M | — | View 990 |
| 2012 | $1.1M | $1.4M | $3.9M | $4.5M | — | View 990 |
| 2011 | $1.8M | $1.0M | $4.4M | $4.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.2M, and assets of $1.7M (revenue +4.8% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.2M, and assets of $1.6M (revenue +3.0% year-over-year).
- 2021: Revenue of $1.1M, expenses of $1.1M, and assets of $1.6M (revenue +2.6% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.0M, and assets of $1.7M (revenue +0.3% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.1M, and assets of $1.8M (revenue +0.9% year-over-year).
- 2018: Revenue of $1.1M, expenses of $990K, and assets of $1.9M (revenue +2.2% year-over-year).
- 2017: Revenue of $1.0M, expenses of $950K, and assets of $1.9M (revenue +2.5% year-over-year).
- 2016: Revenue of $1.0M, expenses of $1.3M, and assets of $2.0M (revenue +2.0% year-over-year).
- 2015: Revenue of $994K, expenses of $1.4M, and assets of $2.3M (revenue +2.1% year-over-year).
- 2014: Revenue of $974K, expenses of $1.4M, and assets of $2.8M (revenue +3.2% year-over-year).
- 2013: Revenue of $944K, expenses of $1.4M, and assets of $3.3M (revenue -15.0% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.4M, and assets of $3.9M (revenue -37.7% year-over-year).
- 2011: Revenue of $1.8M, expenses of $1.0M, and assets of $4.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Senior Citizens Housing Development Corporation Of Washington:
Data Sources and Methodology
This transparency report for Senior Citizens Housing Development Corporation Of Washington is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.