Rochester Senior Housing Inc

Analysis

Rochester Senior Housing Inc is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in August 2008, 18 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, Rochester Senior Housing Inc reported income of $436k and spending of $564k, spending 129% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $382k to $436k (+14%), an average of +3.4% a year. Over the whole period it spent 131% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Rochester Senior Housing Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within MN. Charities of a similar size with the same main cause include Parkside Housing Development Fund Company Inc ($436k), Assembly Terrace Inc ($437k) and Princeton Community Housing Inc ($436k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 46% and program service revenue 53% of the total. Other salaries and wages came to $72k. At year end it held assets of $4.0m against liabilities of $189k, net assets of $3.8m.

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.