Boulevard Gardens Senior Housing

Analysis

Boulevard Gardens Senior Housing is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in July 1996, 30 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, Boulevard Gardens Senior Housing reported income of $291k and spending of $416k, spending 143% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $275k to $291k (+5.9%), an average of +1.4% a year. Over the whole period it spent 136% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Boulevard Gardens Senior Housing sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within MN. Charities of a similar size with the same main cause include Housing Development Corporation of SW Florida Inc ($291k), HRH Neighborhood Housing Development Fund Company Inc ($291k) and Emmaus House of Saginaw Inc ($291k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.4m against liabilities of $189k, net assets of $1.2m.

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.