Rochelle Senior Housing Inc

Analysis

Rochelle Senior Housing Inc is a registered charity in United States, based in Des Plaines, IL. It received its IRS tax-exemption ruling in April 1988, 38 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Rochelle Senior Housing Inc reported income of $701k and spending of $779k, spending 111% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $711k to $701k (-1.5%), an average of -0.4% a year. Over the whole period it spent 110% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Rochelle Senior Housing Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within IL. Charities of a similar size with the same main cause include Haus of Codec ($700k), Nonprofit Housing Preservations SB Inc ($701k) and Nantucket Sustainable Development Corporation ($700k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 99% of the total. Other salaries and wages came to $165k. At year end it held assets of $2.1m against liabilities of $1.7m, net assets of $390k.

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.