Avalon Square Inc

Analysis

Avalon Square Inc is a registered charity in United States, based in Roseville, MN. It received its IRS tax-exemption ruling in January 2000, 26 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, Avalon Square Inc reported income of $6.9m and spending of $6.5m, spending 94% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $6.2m to $6.9m (+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, Avalon Square Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MN. Charities of a similar size with the same main cause include Contemporary Housing Alternatives of Florida Inc ($6.9m), Community Outreach Services Corporation ($6.9m) and Hoopeston Retirement Village Foundation Inc ($6.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.9% and program service revenue 95% of the total. Other salaries and wages came to $2.7m. At year end it held assets of $20.3m against liabilities of $16.5m, net assets of $3.7m.