Rodney Scheel House Foundation Ltd

Analysis

Rodney Scheel House Foundation Ltd is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in February 1993, 33 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Rodney Scheel House Foundation Ltd reported income of $331k and spending of $296k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $285k to $331k (+16%), an average of +3.8% a year. Over the whole period it spent 103% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Rodney Scheel House Foundation Ltd sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within WI. Charities of a similar size with the same main cause include Mary Sunshine House ($331k), Commonwealth Catholic Charities Housing Corp ($331k) and Highland Park Community Development ($331k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 18% of the total. At year end it held assets of $1.2m against liabilities of $1.6m, net assets of -$409k.