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Gallatin Senior Housing Inc

Memphis, Tennessee · EIN 62-1556960 · Health Care · tax-exempt since 1994

D

Charity Clarity grade D (score 47.8 of 100), based on the Form 990 for the year ended September 2024.

Graded against 27,441 health care nonprofits with revenue $500K–$2M filing the same form. A = top 10%, B = next 20%, C = middle 40%, D = next 20%, F = bottom 10%.

What goes into the grade

MeasureThis charityScore (0–100)
ReservesMonths of spending covered by unrestricted net assets.-30.7 months0
GovernanceBoard independence, key policies and audit, per the 990.65% of practices65
Margin stabilityHow steady the surplus or deficit is year to year.16
Revenue spreadHow much revenue rests on one type of income.0% from one source100
Filing recordOn-time, complete filings, year after year.100%100
Program spendingSelf-reported by the filer.97.0%not scored
Management costsShare of spending.3.0%not scored

Scores compare this charity with its peer group; 100 is best. How Charity Clarity rates charities.

Year by year

20172018201920202021202220232024grey: revenue · green: spending
Year endedFormRevenueSpendingSurplusNet assetsMonths of spendingStaffGrade
Sep 2024Form 990$631K$740K−$108K−$1.89M-30.70D
Sep 2023Form 990$396K$637K−$241K−$1.78M-33.50D
Sep 2022Form 990$457K$485K−$28K−$1.60M-39.58D
Sep 2021Form 990$432K$573K−$141K−$1.57M-32.98D
Sep 2020Form 990$438K$478K−$40K−$1.43M-35.97C
Sep 2019Form 990$434K$452K−$17K−$1.39M-37.07C
Sep 2018Form 990$437K$421K$16K−$1.37M-39.20D
Sep 2017Form 990$422K$450K−$28K−$1.39M-37.10D

From the organisation’s own IRS filings. “Months of spending” is total net assets divided by a month of that year’s spending. A blank grade means that year was not rated.

Read the filings

Every figure here comes from the returns this charity filed with the IRS. These sites show the full returns and more about the organisation:

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