Rose Michael Gardens NFP

Analysis

Rose Michael Gardens NFP is a registered charity in United States, based in Fort Madison, IA. It received its IRS tax-exemption ruling in June 2011, 15 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 June 2024, Rose Michael Gardens NFP reported income of $129k and spending of $208k, spending 161% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $100k to $129k (+29%), an average of +6.5% a year. The sharpest change came in the year to June 2023, when income rose by 30%. Over the whole period it spent 164% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Rose Michael Gardens NFP sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 43rd percentile within IA. Charities of a similar size with the same main cause include Affordable Housing Care ($129k), Aura Home Women Vets ($129k) and St Matthias Senior Housing Inc ($129k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 98% of the total. Other salaries and wages came to $17k. At year end it held assets of $1.4m against liabilities of $11k, net assets of $1.4m. It reported 3 employees.

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.