Shingle Creek Senior Housing

Analysis

Shingle Creek Senior Housing is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in October 2000, 26 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 December 2023, Shingle Creek Senior Housing reported income of $859k and spending of $1.1m, spending 131% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $792k to $859k (+8.6%), an average of +2.1% a year. Over the whole period it spent 127% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Shingle Creek Senior Housing sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MN. Charities of a similar size with the same main cause include Aafe Community Development Fund Inc ($859k), Gustavus Senior Care ($860k) and Fauquier Family Shelter Services Inc ($859k).

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 $3.5m against liabilities of $9.0m, net assets of -$5.5m.

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.