Pembroke Housing for the Elderlyinc

Analysis

Pembroke Housing for the Elderlyinc is a registered charity in United States, based in Concord, NH. It received its IRS tax-exemption ruling in May 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Pembroke Housing for the Elderlyinc reported income of $407k and spending of $577k, spending 142% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $360k to $407k (+13%), an average of +3.1% a year. Over the whole period it spent 133% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Pembroke Housing for the Elderlyinc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within NH. Charities of a similar size with the same main cause include RVM Medford III Housing Corporation ($407k), Alberta Woods Housing Development Fund Corporation ($407k) and Zach Speegle Ministries ($407k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. At year end it held assets of $3.5m against liabilities of $5.0m, net assets of -$1.4m.

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.