Pond Home Community Inc

Analysis

Pond Home Community Inc is a registered charity in United States, based in Wrentham, MA. It received its IRS tax-exemption ruling in September 1998, 28 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 August 2023, Pond Home Community Inc reported income of $1.2m and spending of $1.7m, spending 142% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.1m to $1.2m (+11%), an average of +2.6% a year. Over the whole period it spent 140% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Pond Home Community Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MA. Charities of a similar size with the same main cause include Partnership in Housing Inc ($1.2m), P I Foundation ($1.2m) and St Louis Life ($1.2m).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 95% of the total. At year end it held assets of $8.8m against liabilities of $18.0m, net assets of -$9.2m.

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.