P B H Housing of Plainfield Inc

Analysis

P B H Housing of Plainfield Inc is a registered charity in United States, based in Putnam, CT. It received its IRS tax-exemption ruling in March 2000, 26 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, P B H Housing of Plainfield Inc reported income of $176k and spending of $210k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $162k to $176k (+9.0%), an average of +2.2% a year. Over the whole period it spent 112% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, P B H Housing of Plainfield Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within CT. Charities of a similar size with the same main cause include Finish the Wall Inc ($176k), Norway Area Non-Profit Housing Corporation ($176k) and Woodside Village III Inc ($176k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.5m against liabilities of $2.2m, net assets of -$649k.

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.