Helena Elderhousing Inc

Analysis

Helena Elderhousing Inc is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in August 2003, 23 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, Helena Elderhousing Inc reported income of $256k and spending of $409k, spending 160% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $223k to $256k (+15%), an average of +3.5% a year. Over the whole period it spent 148% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Helena Elderhousing Inc sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within MN. Charities of a similar size with the same main cause include Casa Esperanza Housing Development Fund Inc ($256k), Urban Health Inc ($256k) and SNHS Elderly Housing XI Inc ($256k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 39% and program service revenue 61% of the total. Other salaries and wages came to $60k. At year end it held assets of $2.4m against liabilities of $228k, net assets of $2.2m.

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.