Robins Terrace Inc

Analysis

Robins Terrace Inc is a registered charity in United States, based in Akron, OH. It received its IRS tax-exemption ruling in September 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Robins Terrace Inc reported income of $89k and spending of $139k, spending 157% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $80k to $89k (+11%), an average of +2.7% a year. Over the whole period it spent 148% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Robins Terrace Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within OH. Charities of a similar size with the same main cause include Arc Apartments Inc ($89k), Desert Esperanza Inc ($89k) and Childers Manor Inc ($89k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.9% and program service revenue 95% of the total. At year end it held assets of $784k against liabilities of $50k, net assets of $733k.

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.