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Elderly Housing Dev & Operations

Plantation, Florida · EIN 65-0665009 · Housing & Shelter · tax-exempt since 2009

C

Charity Clarity grade C (score 50.6 of 100), based on the Form 990 for the year ended June 2025.

Graded against 5,130 housing & shelter nonprofits with revenue $10M–$50M 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.72.4 months0
GovernanceBoard independence, key policies and audit, per the 990.79% of practices79
Margin stabilityHow steady the surplus or deficit is year to year.29
Revenue spreadHow much revenue rests on one type of income.0% from one source82
Filing recordOn-time, complete filings, year after year.100%100
Program spendingSelf-reported by the filer.98.8%not scored
Management costsShare of spending.1.2%not scored
Cost to raise $1Fundraising cost per dollar given.$0.00not scored

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

Year by year

2016201720182019202020212022202320242025grey: revenue · green: spending
Year endedFormRevenueSpendingSurplusNet assetsMonths of spendingStaffGrade
Jun 2025Form 990$11.97M$9.17M$2.80M$55.27M72.455C
Jun 2024Form 990$16.84M$15.63M$1.22M$52.03M40.060D
Jun 2023Form 990$6.95M$9.92M−$2.97M$50.18M60.749F
Jun 2022Form 990$7.82M$5.31M$2.51M$52.95M119.643D
Jun 2021Form 990$6.89M$4.40M$2.48M$36.73M100.132D
Jun 2020Form 990$10.76M$3.61M$7.15M$33.52M111.438D
Jun 2019Form 990$3.92M$3.77M$149K$26.12M83.141C
Jun 2018Form 990$4.25M$4.21M$45K$25.68M73.245D
Jun 2017Form 990$7.45M$3.68M$3.78M$24.79M81.038D
Jun 2016Form 990$6.90M$4.57M$2.32M$21.74M57.043C

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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