Stonehaven Student Housing Inc

Analysis

Stonehaven Student Housing Inc is a registered charity in United States, based in San Rafael, CA. It received its IRS tax-exemption ruling in January 2002, 24 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 June 2024, Stonehaven Student Housing Inc reported income of $4.4m and spending of $3.3m, leaving 25% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $3.9m to $4.4m (+12%), an average of +2.2% a year. The sharpest change came in the year to June 2022, when income rose by 136%. Over the whole period it spent 89% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Stonehaven Student Housing Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Neighborhood Housing Services of New Haven Inc ($4.4m), Casa Farnese Inc ($4.4m) and Glencroft Towers 1 Inc ($4.4m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $403k. At year end it held assets of $14.3m against liabilities of $12.8m, net assets of $1.6m.