Duluth Supportive Housing Inc
Analysis
Duluth Supportive Housing Inc is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in July 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, Duluth Supportive Housing Inc reported income of $218k and spending of $279k, spending 128% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $169k to $218k (+30%), an average of +6.7% a year. The sharpest change came in the year to June 2021, when income rose by 36%. Over the whole period it spent 143% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Duluth Supportive Housing Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within MN. Charities of a similar size with the same main cause include Lutheran Gardens Corporation ($218k), Gibb Mabry Village Inc ($218k) and United Methodist Senior Services of Clay County Inc ($218k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 66% and program service revenue 33% of the total. Other salaries and wages came to $33k. At year end it held assets of $2.0m against liabilities of $792k, net assets of $1.2m.
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.
Income and spending
Where the income comes from
- Contributions & grants 66%
- Program services 33%
- Other 1.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Lutheran Gardens Corporation | Anaheim | $218k |
| Gibb Mabry Village Inc | Tallahassee | $218k |
| United Methodist Senior Services of Clay County Inc | Tupelo | $218k |
| Gateway Accessible Housing III Inc | Saint Louis | $218k |