Red Road Rooming House Inc

Analysis

Red Road Rooming House Inc is a registered charity in United States, based in Janesville, WI. It received its IRS tax-exemption ruling in June 1998, 28 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, Red Road Rooming House Inc reported income of $83k and spending of $79k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $109k to $83k (-24%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 85% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Red Road Rooming House Inc sits at the 19th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within WI. Charities of a similar size with the same main cause include Federation Housing II Inc ($83k), NVCSS Jackson Place Inc ($83k) and Mother Hubbard Sober Living II ($83k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 22% of the total. At year end it held assets of $151k against liabilities of $318k, net assets of -$167k.