Roosevelt Inc

Analysis

Roosevelt Inc is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in May 2011, 15 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, Roosevelt Inc reported income of $130k and spending of $170k, spending 131% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $122k to $130k (+6.1%), an average of +1.5% a year. Over the whole period it spent 138% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Roosevelt Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 39th percentile within AK. Charities of a similar size with the same main cause include Her Place ($130k), Abundant Life Corp Inc ($130k) and Sunburst Acres Inc ($130k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $2,020. At year end it held assets of $1.8m against liabilities of $2.1m, net assets of -$334k.

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.