Great Falls Supportive Housing Inc
Analysis
Great Falls Supportive Housing Inc is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in March 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, Great Falls Supportive Housing Inc reported income of $149k and spending of $204k, spending 137% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $128k to $149k (+16%), an average of +3.9% a year. The sharpest change came in the year to June 2021, when income rose by 25%. Over the whole period it spent 128% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Great Falls Supportive Housing Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within MN. Charities of a similar size with the same main cause include McKinzie Gardens II Inc ($149k), Westerly Courts Inc ($149k) and New Beginnings for Families Inc ($148k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 64% and program service revenue 36% of the total. Other salaries and wages came to $12k. At year end it held assets of $1.6m against liabilities of $26k, net assets of $1.6m.
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 64%
- Program services 36%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| McKinzie Gardens II Inc | Norman | $149k |
| Westerly Courts Inc | Providence | $149k |
| New Beginnings for Families Inc | Brockton | $148k |
| Plymouth Manor Retirement Home | Grand Rapids | $149k |