Pyareo Home Inc

Analysis

Pyareo Home Inc is a registered charity in United States, based in Sanbornton, NH. It received its IRS tax-exemption ruling in September 1997, 29 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 December 2023, Pyareo Home Inc reported income of $457k and spending of $454k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $350k to $457k (+30%), an average of +6.9% a year. The sharpest change came in the year to December 2020, when income rose by 29%. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Pyareo Home Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within NH. Charities of a similar size with the same main cause include Foundation for Neurodiverse Housing and Community Development Inc ($456k), Belmont Elderly Housing Inc ($457k) and Ahepa 67 Inc ($456k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $44k (9.7% of expenses). Other salaries and wages came to $247k. At year end it held assets of $544k against liabilities of $2,629, net assets of $542k. It reported 22 employees.