Germantown Section 811 Housing Corporation

Analysis

Germantown Section 811 Housing Corporation is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in November 2005, 21 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 2023, Germantown Section 811 Housing Corporation reported income of $218k and spending of $385k, spending 177% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $217k to $218k (+0.5%), an average of +0.2% a year. Over the whole period it spent 163% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Germantown Section 811 Housing Corporation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within PA. Charities of a similar size with the same main cause include Philadelphia Arms Townhomes Inc ($217k), Hawthorne Supportive Housing Inc ($218k) and Habitat for Humanity International ($217k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $72k. At year end it held assets of $2.9m against liabilities of $1.1m, net assets of $1.9m.

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.