Roslindale Senior Non Profit Housing Inc

Analysis

Roslindale Senior Non Profit Housing Inc is a registered charity in United States, based in Warren, MI. It received its IRS tax-exemption ruling in December 1993, 33 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Roslindale Senior Non Profit Housing Inc reported income of $1.1m and spending of $1.2m, spending 110% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $954k to $1.1m (+16%), an average of +5.0% a year. Over the whole period it spent 108% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Roslindale Senior Non Profit Housing Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within MI. Charities of a similar size with the same main cause include Neighborhood Preservation Foundation Inc ($1.1m), Community Lending Partners of New Jersey Inc ($1.1m) and The Housing Development Corporation of Rock Hill ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 59% and program service revenue 40% of the total. At year end it held assets of $3.4m against liabilities of $110k, net assets of $3.3m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.