Shepherds Path Senior Housing Inc

Analysis

Shepherds Path Senior Housing Inc is a registered charity in United States, based in Roseville, MN. It received its IRS tax-exemption ruling in June 2005, 21 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Shepherds Path Senior Housing Inc reported income of $9.2m and spending of $9.0m, spending 97% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $8.2m to $9.2m (+12%), an average of +2.8% a year. Over the whole period it spent 95% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Shepherds Path Senior Housing Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within MN. Charities of a similar size with the same main cause include PHW Menomonee Falls Inc ($9.2m), Elm Crest Manor ($9.2m) and Teresian House Housing Corporation ($9.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.9% and program service revenue 97% of the total. Other salaries and wages came to $3.8m. At year end it held assets of $31.4m against liabilities of $26.7m, net assets of $4.7m.