Pacific House Inc

Analysis

Pacific House Inc is a registered charity in United States, based in Stamford, CT. It received its IRS tax-exemption ruling in March 1986, 40 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 June 2023, Pacific House Inc reported income of $7.4m and spending of $6.0m, spending 81% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $4.7m to $7.4m (+56%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 34%. Over the whole period it spent 83% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Pacific House Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within CT. Charities of a similar size with the same main cause include Everglades Community Association Incorporated ($7.4m), Stewards of Affordable Housing for the Future ($7.4m) and Housing Partners I Incorporated ($7.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 69% and program service revenue 19% of the total. Other salaries and wages came to $2.7m. At year end it held assets of $24.2m against liabilities of $15.6m, net assets of $8.6m. It reported 86 employees.