Roeser Housing Development Corporation

Analysis

Roeser Housing Development Corporation is a registered charity in United States, based in Keene, CA. It received its IRS tax-exemption ruling in July 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Roeser Housing Development Corporation reported income of $386k and spending of $529k, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $244k to $386k (+58%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 25%. Over the whole period it spent 137% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Roeser Housing Development Corporation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include FHR Cares Inc ($385k), Sacred Heart Manor Inc ($386k) and North Florida Educational Development Corporation ($385k).

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 $6.9m against liabilities of $2.2m, net assets of $4.7m.

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.