Minnehaha County Supportive Housing Inc

Analysis

Minnehaha County Supportive Housing Inc is a registered charity in United States, based in St Paul, MN. It received its IRS tax-exemption ruling in January 2003, 23 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, Minnehaha County Supportive Housing Inc reported income of $264k and spending of $376k, spending 142% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $240k to $264k (+10%), an average of +2.4% a year. Over the whole period it spent 135% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Minnehaha County Supportive Housing Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within MN. Charities of a similar size with the same main cause include Fairlawn Apartments ($264k), Collateral Risk Network Inc ($264k) and Wake County Opportunities Housing Corporation II ($264k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. Other salaries and wages came to $58k. At year end it held assets of $2.5m against liabilities of $38k, net assets of $2.5m.

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.