RTH Mission Park Realty Corporation

Analysis

RTH Mission Park Realty Corporation is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, RTH Mission Park Realty Corporation reported income of $25.1m and spending of $5.3m, leaving 79% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $21.1m to $25.1m (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2021, when income dropped by 26%. Over the whole period it spent 24% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, RTH Mission Park Realty Corporation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MA. Charities of a similar size with the same main cause include Hollenbeck Palms ($25.0m), Village at Orchard Ridge Inc ($25.3m) and Lasell Village Inc ($24.9m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 94% of the total. Other salaries and wages came to $62k. At year end it held assets of $221.9m against liabilities of $1.4m, net assets of $220.5m. It reported 2 employees.