Good Shepherd Senior Apartments

Analysis

Good Shepherd Senior Apartments is a registered charity in United States, based in Rushford, MN. It received its IRS tax-exemption ruling in March 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Good Shepherd Senior Apartments reported income of $214k and spending of $178k, spending 83% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $249k to $214k (-14%), an average of -3.6% a year. Over the whole period it spent 87% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Good Shepherd Senior Apartments sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within MN. Charities of a similar size with the same main cause include Presbyterian Oaks II Inc ($214k), Polish Retirement Foundation ($214k) and Memphis Supportive Housing Inc ($214k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 97% of the total. At year end it held assets of $1.3m against liabilities of $19k, net assets of $1.3m.