Rosevine Inc

Analysis

Rosevine Inc is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in January 1998, 28 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 June 2023, Rosevine Inc reported income of $102k and spending of $175k, spending 172% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $82k to $102k (+24%), an average of +5.5% a year. The sharpest change came in the year to June 2022, when income rose by 21%. Over the whole period it spent 155% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Rosevine Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include Greenfield Manor ($102k), LH Homes I Inc ($102k) and Habitat for Humanity International Inc ($102k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 43% and program service revenue 57% of the total. Other salaries and wages came to $17k. At year end it held assets of $641k against liabilities of $706k, net assets of -$65k.

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.