Rosamond Hills Inc

Analysis

Rosamond Hills Inc is a registered charity in United States, based in Rosamond, CA. It received its IRS tax-exemption ruling in October 1985, 41 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 December 2023, Rosamond Hills Inc reported income of $638k and spending of $642k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $515k to $638k (+24%), an average of +5.5% a year. Over the whole period it spent 106% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Rosamond Hills Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include St Cloud Villas Phase II Inc ($638k), Ehc Newton Realty Inc ($638k) and Stepping Stones of Hermiston Inc ($637k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. Other salaries and wages came to $131k. At year end it held assets of $1.4m against liabilities of $1.9m, net assets of -$550k. It reported 6 employees.