Housing Alliance of Pennsylvania

Analysis

Housing Alliance of Pennsylvania is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in July 1985, 41 years ago. 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 June 2023, Housing Alliance of Pennsylvania reported income of $1.9m and spending of $2.0m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $1.9m (+33%), an average of +7.5% a year. The sharpest change came in the year to June 2021, when income rose by 50%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Housing Alliance of Pennsylvania sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within PA. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($1.9m), Northeast Iowa Community College Foundation Inc ($1.9m) and Wonderland Camp Foundation ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $502k (26% of expenses). Other salaries and wages came to $136k. At year end it held assets of $1.2m against liabilities of $153k, net assets of $1.0m. It reported 22 employees.