Robbinsdale Senior Housing Inc

Analysis

Robbinsdale Senior Housing Inc is a registered charity in United States, based in Robbinsdale, MN. It received its IRS tax-exemption ruling in April 1988, 38 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Robbinsdale Senior Housing Inc reported income of $591k and spending of $729k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $548k to $591k (+7.7%), an average of +1.9% a year. Over the whole period it spent 105% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Robbinsdale Senior Housing Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within MN. Charities of a similar size with the same main cause include Hilltop Manor Association Inc ($591k), Edgemont Elms Housing Inc ($591k) and Triangle Elderly Housing Corporation ($591k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $94k. At year end it held assets of $1.2m against liabilities of $2.1m, net assets of -$906k.

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.