South Hampton Roads Supportive Housing Inc

Analysis

South Hampton Roads Supportive Housing Inc is a registered charity in United States, based in St Paul, MN. It received its IRS tax-exemption ruling in July 1996, 30 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, South Hampton Roads Supportive Housing Inc reported income of $283k and spending of $288k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $191k to $283k (+48%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 114% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, South Hampton Roads Supportive Housing Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within MN. Charities of a similar size with the same main cause include Asi Southern Nevada Inc ($283k), Maywood Margery Daw Day Care Center ($283k) and Southwoods Property Inc ($283k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 27% of the total. Other salaries and wages came to $48k. At year end it held assets of $968k against liabilities of $128k, net assets of $840k.

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.