Roselle Senior Citizens Housing Corporation

Analysis

Roselle Senior Citizens Housing Corporation is a registered charity in United States, based in Roselle, NJ. It received its IRS tax-exemption ruling in April 1981, 45 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 September 2023, Roselle Senior Citizens Housing Corporation reported income of $1.9m and spending of $1.9m, spending 96% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.8m to $1.9m (+5.3%), an average of +1.3% a year. Over the whole period it spent 91% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Roselle Senior Citizens Housing Corporation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within NJ. Charities of a similar size with the same main cause include Supportive Housing Providers Association ($1.9m), Packer Apartments Corporation ($1.9m) and Habitat for Humanity International Inc ($1.9m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 95% of the total. At year end it held assets of $7.6m against liabilities of $5.4m, net assets of $2.2m.