Rock Hill Elderly Housing Inc

Analysis

Rock Hill Elderly Housing Inc is a registered charity in United States, based in Duluth, GA. It received its IRS tax-exemption ruling in May 1987, 39 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Rock Hill Elderly Housing Inc reported income of $570k and spending of $493k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $523k to $570k (+9.0%), an average of +2.2% a year. Over the whole period it spent 95% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Rock Hill Elderly Housing Inc sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within GA. Charities of a similar size with the same main cause include Cof Independent Living Inc ($570k), Renaissance Gardens Inc ($570k) and Meadow Lane Housing Development Fund Company Inc ($570k).

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 $119k. At year end it held assets of $547k against liabilities of $791k, net assets of -$244k.