Rosebud Grove Inc

Analysis

Rosebud Grove Inc is a registered charity in United States, based in Hobart, OK. It received its IRS tax-exemption ruling in October 2005, 21 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 June 2024, Rosebud Grove Inc reported income of $110k and spending of $139k, spending 126% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $103k to $110k (+7.2%), an average of +1.8% a year. Over the whole period it spent 121% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Rosebud Grove Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 40th percentile within OK. Charities of a similar size with the same main cause include Tanasi Housing Development Corporation ($110k), Broward Coalition for the Homeless Inc ($110k) and Compass for Hope Inc ($110k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 98% of the total. At year end it held assets of $603k against liabilities of $993k, net assets of -$390k.

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.