Roxbury Home for Aged Women

Analysis

Roxbury Home for Aged Women is a registered charity in United States, based in West Roxbury, MA. It received its IRS tax-exemption ruling in July 1942, 84 years ago. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Roxbury Home for Aged Women reported income of $1.0m and spending of $968k, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.3m to $1.0m (-55%), an average of -18% a year. The sharpest change came in the year to June 2021, when income rose by 54676%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Roxbury Home for Aged Women sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within MA. Charities of a similar size with the same main cause include Russel Hill Cancer Foundation Inc ($1.0m), Farmington Ecumenical Elderly Housing Corporation ($1.0m) and The National Lesbian and Gay Journalists Association ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.0% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $216k (22% of expenses). At year end it held assets of $20.9m against liabilities of $2.0m, net assets of $18.9m.