Phoebe Housing Inc

Analysis

Phoebe Housing Inc is a registered charity in United States, based in Allentown, PA. It received its IRS tax-exemption ruling in July 1996, 30 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 June 2023, Phoebe Housing Inc reported income of $156k and spending of $837k, spending 536% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $140k to $156k (+11%), an average of +2.8% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 195% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Phoebe Housing Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within PA. Charities of a similar size with the same main cause include E S T H E R Homes Inc ($156k), Rebuilding Together in Litchfield County Connecticut Inc ($156k) and L S Worthy Inc ($156k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $914k against liabilities of $585k, net assets of $328k.

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.