Hudson Senior Housing Inc

Analysis

Hudson Senior Housing Inc is a registered charity in United States, based in St Paul, MN. It received its IRS tax-exemption ruling in November 2009, 17 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 March 2024, Hudson Senior Housing Inc reported income of $229k and spending of $333k, spending 146% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income grew from $194k to $229k (+18%), an average of +4.2% a year. Over the whole period it spent 150% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Hudson Senior Housing Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within MN. Charities of a similar size with the same main cause include Hatties Jackson II Inc ($229k), Coshocton Area Housing Corporation ($229k) and Garland - Progressive Eldercare Services Inc ($228k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 44% and program service revenue 53% of the total. Other salaries and wages came to $39k. At year end it held assets of $3.3m against liabilities of $338k, net assets of $3.0m.

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.