Topeka Supportive Housing Inc

Analysis

Topeka Supportive Housing Inc is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in April 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, Topeka Supportive Housing Inc reported income of $230k and spending of $244k, spending 106% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $115k to $230k (+100%), an average of +19% a year. The sharpest change came in the year to June 2024, when income rose by 52%. Over the whole period it spent 148% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Topeka Supportive Housing Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within MN. Charities of a similar size with the same main cause include Lutheran Housing Corporation of California ($230k), Methodist Village Inc ($230k) and Fairview Housing Inc ($229k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 38% and program service revenue 24% of the total. Other salaries and wages came to $28k. At year end it held assets of $1.5m against liabilities of $122k, net assets of $1.3m.

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.