Cheyenne Senior Housing Inc

Analysis

Cheyenne Senior Housing Inc is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in July 2004, 22 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 2024, Cheyenne Senior Housing Inc reported income of $323k and spending of $341k, spending 106% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $235k to $323k (+38%), an average of +8.3% a year. The sharpest change came in the year to June 2024, when income rose by 23%. Over the whole period it spent 129% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Cheyenne Senior Housing Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within MN. Charities of a similar size with the same main cause include Spring Meadows II Senior Non-Profit Housing Corporation ($323k), Shadetree Historical Artisan Development Engine ($323k) and Sister Helen Travis Housing Development Fund Corporation ($323k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 41% and program service revenue 40% of the total. Other salaries and wages came to $19k. At year end it held assets of $3.0m against liabilities of $26k, net assets of $2.9m.

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.