Rosies Place Inc

Analysis

Rosies Place Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in May 1976, 50 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, Rosies Place Inc reported income of $18.6m and spending of $18.2m, spending 98% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $15.7m to $18.6m (+19%), an average of +4.5% a year. Over the whole period it spent 86% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Rosies Place Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MA. Charities of a similar size with the same main cause include South Oakland Shelter ($18.6m), Air Force Enlisted Village Inc ($18.7m) and Shelter Partnership Inc ($18.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $569k (3.1% of expenses). Other salaries and wages came to $6.7m. At year end it held assets of $43.7m against liabilities of $1.1m, net assets of $42.6m. It reported 117 employees.