Rutherford Senior Housing Copr

Analysis

Rutherford Senior Housing Copr is a registered charity in United States, based in Rutherford, NJ. It received its IRS tax-exemption ruling in July 1987, 39 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a suspense under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Rutherford Senior Housing Copr reported income of $988k and spending of $866k, spending 88% of its income. Across the 6 years on record, from March 2019 to March 2024, income grew from $890k to $988k (+11%), an average of +2.1% a year. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Rutherford Senior Housing Copr sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 82nd percentile within NJ. Charities of a similar size with the same main cause include Sycamore Square Housing Corporation ($988k), Resiliency Village ($988k) and SJMC Senior Housing Development Fund Corporation ($988k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 78% and program service revenue 22% of the total. At year end it held assets of $1.4m against liabilities of $2.0m, net assets of -$688k.