Retiree Housing of St Louis Inc

Analysis

Retiree Housing of St Louis Inc is a registered charity in United States, based in Lyndhurst, OH. It received its IRS tax-exemption ruling in January 1996, 30 years ago. 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 September 2023, Retiree Housing of St Louis Inc reported income of $371k and spending of $334k, spending 90% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $278k to $371k (+33%), an average of +7.5% a year. The sharpest change came in the year to September 2020, when income rose by 17%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Retiree Housing of St Louis Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within OH. Charities of a similar size with the same main cause include The Santa Barbara Choral Society ($371k), Cleansing Stream Ministries Inc ($371k) and The Everfund Inc ($371k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. Other salaries and wages came to $51k. At year end it held assets of $707k against liabilities of $1.5m, net assets of -$756k. It reported 3 employees.