Partners for Better Housing

Analysis

Partners for Better Housing is a registered charity in United States, based in Elkins, AR. It received its IRS tax-exemption ruling in June 2016, 10 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 December 2023, Partners for Better Housing reported income of $56k and spending of $465k, spending 826% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.0m to $56k (-94%), an average of -51% a year. The sharpest change came in the year to December 2021, when income rose by 470%. Over the whole period it spent 67% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Partners for Better Housing sits at the 13th percentile: it is larger than about 12% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within AR. Charities of a similar size with the same main cause include Door County Secret Santa ($56k), Fairview Terrace Inc ($56k) and Hamlin Hotel Corporation ($56k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $109k (24% of expenses). Other salaries and wages came to $185k. At year end it held assets of $3.3m against liabilities of $1.1m, net assets of $2.3m. It reported 8 employees.