Pagedale RHF Housing Inc

Analysis

Pagedale RHF Housing Inc is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in March 2007, 19 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 March 2024, Pagedale RHF Housing Inc reported income of $402k and spending of $475k, spending 118% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income grew from $319k to $402k (+26%), an average of +5.9% a year. Over the whole period it spent 135% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Pagedale RHF Housing Inc sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include St Peters Senior Citizens Corporation ($402k), Ucc IX Inc ($402k) and Asi Woodlands Senior Housing Inc ($402k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 50% and program service revenue 45% of the total. At year end it held assets of $3.5m against liabilities of $5.2m, net assets of -$1.7m.

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.