Henderson Supportive Housing Inc

Analysis

Henderson Supportive Housing Inc is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in January 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, Henderson Supportive Housing Inc reported income of $132k and spending of $298k, spending 226% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $175k to $132k (-25%), an average of -6.8% a year. The sharpest change came in the year to June 2024, when income dropped by 20%. Over the whole period it spent 173% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Henderson Supportive Housing Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 41st percentile within MN. Charities of a similar size with the same main cause include Wentworth Corporation ($132k), Home for Homeless Foundation Inc ($132k) and Tyro School Apartments Inc ($132k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 60% and program service revenue 38% of the total. Other salaries and wages came to $29k. At year end it held assets of $3.7m against liabilities of $595k, net assets of $3.1m.

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.