Peter Maurin House Inc Dba Hope House

Analysis

Peter Maurin House Inc Dba Hope House is a registered charity in United States, based in Utica, NY. It received its IRS tax-exemption ruling in June 1993, 33 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, Peter Maurin House Inc Dba Hope House reported income of $788k and spending of $822k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $925k to $788k (-15%), an average of -3.9% a year. Over the whole period it spent 91% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Peter Maurin House Inc Dba Hope House sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include Coastal Housing Corporation ($787k), Wesley Apartments-A Methodist Home for the Aging Inc ($788k) and Pccoa Housing Authority ($787k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $66k (8.0% of expenses). Other salaries and wages came to $100k. At year end it held assets of $1.4m against liabilities of $10k, net assets of $1.4m. It reported 14 employees.