Don Pedro Housing Corporation

Analysis

Don Pedro Housing Corporation is a registered charity in United States, based in Newark, NJ. It received its IRS tax-exemption ruling in March 1995, 31 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 June 2023, Don Pedro Housing Corporation reported income of $345k and spending of $156k, leaving 55% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $342k to $345k (+0.8%), an average of +0.2% a year. The sharpest change came in the year to June 2023, when income rose by 121%. Over the whole period it spent 52% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Don Pedro Housing Corporation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 70th percentile within NJ. Charities of a similar size with the same main cause include Booth Society Inc ($345k), Evergreen Terrace Inc ($345k) and Sarah Simpson Gossett Home Inc ($345k).

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 $2.6m against liabilities of $999k, net assets of $1.6m.