Calcutta House

Analysis

Calcutta House is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in November 1989, 37 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Calcutta House reported income of $112k and spending of $155k, spending 138% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $744k to $112k (-85%), an average of -38% a year. The sharpest change came in the year to June 2021, when income dropped by 55%. Over the whole period it spent 145% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Calcutta House sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within PA. Charities of a similar size with the same main cause include Bridging Lines ($112k), Good Journey Development Foundation ($112k) and Crispins House Inc ($112k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.4% of the total. At year end it held assets of $2.1m against liabilities of $1.7m, net assets of $476k.

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.