Roseland Place NFP

Analysis

Roseland Place NFP is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in March 2009, 17 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, Roseland Place NFP reported income of $62k and spending of $65k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $186k to $62k (-67%), an average of -24% a year. The sharpest change came in the year to December 2020, when income dropped by 67%. Over the whole period it spent 104% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Roseland Place NFP sits at the 14th percentile: it is larger than about 14% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 21st percentile within CO. Charities of a similar size with the same main cause include HH Ownership Inc ($62k), Rivercrest Commons Housing Development Fund Company Inc ($62k) and Locust Thirteen Inc ($62k).

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 $10.3m against liabilities of $21k, net assets of $10.3m.

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.