Crosby Senior Services

Analysis

Crosby Senior Services is a registered charity in United States, based in Roseville, MN. It received its IRS tax-exemption ruling in January 2007, 19 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, Crosby Senior Services reported income of $5.2m and spending of $5.0m, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $5.0m to $5.2m (+3.9%), an average of +1.0% a year. Over the whole period it spent 98% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Crosby Senior Services sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within MN. Charities of a similar size with the same main cause include Humility Homes and Services Inc ($5.2m), Projecthandup ($5.2m) and Affordable Housing and Economic Development Foundation ($5.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 5.2% and program service revenue 90% of the total. Other salaries and wages came to $2.3m. At year end it held assets of $39.4m against liabilities of $46.1m, net assets of -$6.7m.