St Croix Valley Supportive Housing for the Elderly Inc

Analysis

St Croix Valley Supportive Housing for the Elderly Inc is a registered charity in United States, based in Shoreview, MN. It received its IRS tax-exemption ruling in May 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, St Croix Valley Supportive Housing for the Elderly Inc reported income of $77k and spending of $75k, spending 97% of its income. Across the 6 years on record, from September 2019 to December 2023, income fell from $265k to $77k (-71%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 73%. Over the whole period it spent 116% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, St Croix Valley Supportive Housing for the Elderly Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 27th percentile within MN. Charities of a similar size with the same main cause include St Charles Rotary Club Charitable Fund ($77k), Ecuador Quilt Inc ($77k) and Share Your Mana ($77k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $18k. At year end it held assets of $1.4m against liabilities of $48k, net assets of $1.3m. It reported 3 employees.