North Gables Senior Housing

Analysis

North Gables Senior Housing is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in June 1999, 27 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, North Gables Senior Housing reported income of $346k and spending of $539k, spending 156% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $316k to $346k (+9.3%), an average of +2.2% a year. Over the whole period it spent 142% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, North Gables Senior Housing sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within MN. Charities of a similar size with the same main cause include Parent Heart Watch ($346k), Caldwell-Clark ($346k) and McVeytown Ambulance Incorporated ($346k).

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 $1.2m against liabilities of $116k, net assets of $1.1m.

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.