Rosewood Court Inc

Analysis

Rosewood Court Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in September 2002, 24 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Rosewood Court Inc reported income of $356k and spending of $369k, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $293k to $356k (+22%), an average of +5.0% a year. The sharpest change came in the year to June 2023, when income rose by 22%. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Rosewood Court Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within MN. Charities of a similar size with the same main cause include Partners in Opportunity Inc ($356k), Parc Developmental Homes Inc ($356k) and United Disabled Americans Inc ($356k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.3% and program service revenue 100% of the total. Other salaries and wages came to $146k. At year end it held assets of $941k against liabilities of $449k, net assets of $492k.