Range Transitional Housing Inc

Analysis

Range Transitional Housing Inc is a registered charity in United States, based in Virginia, MN. It received its IRS tax-exemption ruling in May 1994, 32 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 June 2024, Range Transitional Housing Inc reported income of $4.2m and spending of $2.5m, leaving 41% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.4m to $4.2m (+195%), an average of +31% a year. The sharpest change came in the year to June 2024, when income rose by 77%. Over the whole period it spent 80% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Range Transitional Housing Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within MN. Charities of a similar size with the same main cause include Pima County Community Land Trust ($4.2m), Stovall Development Corporation ($4.2m) and Archbishop Carroll Manor Inc ($4.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 68% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $106k (4.2% of expenses). Other salaries and wages came to $631k. At year end it held assets of $2.7m against liabilities of $88k, net assets of $2.7m. It reported 15 employees.