Rose View Terrace Inc

Analysis

Rose View Terrace Inc is a registered charity in United States, based in Duarte, CA. It received its IRS tax-exemption ruling in June 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 September 2023, Rose View Terrace Inc reported income of $648k and spending of $804k, spending 124% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $427k to $648k (+52%), an average of +11% a year. The sharpest change came in the year to September 2021, when income rose by 20%. Over the whole period it spent 136% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Rose View Terrace Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Upsala Elder Housing Corporation ($648k), Christwood Foundation ($648k) and Massachusetts Fair Housing Center Inc ($647k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 62% and program service revenue 36% of the total. At year end it held assets of $6.7m against liabilities of $8.5m, net assets of -$1.8m.

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.