Robbins Way Senior Housing

Analysis

Robbins Way Senior Housing is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in August 2008, 18 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 December 2023, Robbins Way Senior Housing reported income of $305k and spending of $474k, spending 156% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $283k to $305k (+7.6%), an average of +1.9% a year. Over the whole period it spent 142% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Robbins Way Senior Housing sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within MN. Charities of a similar size with the same main cause include Somerset Court Apartments Inc ($304k), Lone Pine Economic Development Corporation ($305k) and L Arche Homes for Life Inc ($304k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $3.4m against liabilities of $770k, net assets of $2.6m.

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.