Rice Arlington Senior Supportive Housing Inc

Analysis

Rice Arlington Senior Supportive Housing Inc is a registered charity in United States, based in St Paul, MN. It received its IRS tax-exemption ruling in May 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Rice Arlington Senior Supportive Housing Inc reported income of $456k and spending of $673k, spending 148% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $393k to $456k (+16%), an average of +3.8% a year. Over the whole period it spent 143% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rice Arlington Senior Supportive Housing Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within MN. Charities of a similar size with the same main cause include Barton County Young Mens Organization Inc ($456k), Pasadena Altadena Coalition of Transformative Leaders ($456k) and Refugee Language Project ($456k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 39% of the total. Other salaries and wages came to $80k. At year end it held assets of $2.9m against liabilities of $1.4m, net assets of $1.5m.

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.