Housing Partners for Positive Living Inc

Analysis

Housing Partners for Positive Living Inc is a registered charity in United States, based in Woonsocket, RI. It received its IRS tax-exemption ruling in July 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 June 2024, Housing Partners for Positive Living Inc reported income of $166k and spending of $176k, spending 106% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $168k to $166k (-1.2%), an average of -0.3% a year. Over the whole period it spent 105% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Housing Partners for Positive Living Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within RI. Charities of a similar size with the same main cause include Bridges to Housing Inc ($165k), First Place-Phoenix Transitional Homes ($166k) and Montgomery Park I United Methodist Housing Corporation ($165k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 99% of the total. At year end it held assets of $479k against liabilities of $29k, net assets of $450k.

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.