Rose House

Analysis

Rose House is a registered charity in United States, based in Morris Plains, NJ. It received its IRS tax-exemption ruling in April 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Rose House reported income of $3.6m and spending of $4.0m, spending 112% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.1m to $3.6m (+16%), an average of +5.1% a year. The sharpest change came in the year to June 2021, when income rose by 32%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rose House sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within NJ. Charities of a similar size with the same main cause include Agape for Youth Inc ($3.6m), Food Project Inc ($3.6m) and Carlton Manor Inc ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.2% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $107k (2.7% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $4.3m against liabilities of $2.8m, net assets of $1.5m. It reported 91 employees.