Sbawp Housing Inc

Analysis

Sbawp Housing Inc is a registered charity in United States, based in Wexford, PA. It received its IRS tax-exemption ruling in August 2006, 20 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, Sbawp Housing Inc reported income of $124k and spending of $145k, spending 116% of what it took in. Across the 6 years on record, from December 2019 to June 2023, income fell from $210k to $124k (-41%), an average of -10% a year. The sharpest change came in the year to June 2023, when income dropped by 48%. Over the whole period it spent 116% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Sbawp Housing Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 40th percentile within PA. Charities of a similar size with the same main cause include Compass Harbor ($124k), Marc Homes Inc ($124k) and Thi-6 ($124k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 71% and program service revenue 28% of the total. At year end it held assets of $2.1m against liabilities of $2.6m, net assets of -$567k.

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.