Teamster Retiree Housing of Janesville Wisconsin Inc

Analysis

Teamster Retiree Housing of Janesville Wisconsin Inc is a registered charity in United States, based in Rockford, IL. It received its IRS tax-exemption ruling in September 1985, 41 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 September 2023, Teamster Retiree Housing of Janesville Wisconsin Inc reported income of $368k and spending of $382k, spending 104% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $359k to $368k (+2.6%), an average of +0.7% a year. Over the whole period it spent 99% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Teamster Retiree Housing of Janesville Wisconsin Inc sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within IL. Charities of a similar size with the same main cause include Calais Baton Rouge Inc ($368k), Hearthstone at Hover Crossing ($368k) and Marlette Senior Living ($368k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 42% and program service revenue 56% of the total. At year end it held assets of $1.2m against liabilities of $1.2m, net assets of -$5,635.