Pahc Properties Corporation
Analysis
Pahc Properties Corporation is a registered charity in United States, based in Palo Alto, CA. It received its IRS tax-exemption ruling in January 1970, 56 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, Pahc Properties Corporation reported income of $2.6m and spending of $2.5m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $2.6m (+11%), an average of +2.7% a year. The sharpest change came in the year to December 2020, when income rose by 143%. Over the whole period it spent 77% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Pahc Properties Corporation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Autumngold Senior Services Inc ($2.6m), North Fork Housing Alliance Inc ($2.6m) and Welles Country Village Ltd ($2.6m).
On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. Other salaries and wages came to $132k. At year end it held assets of $28.0m against liabilities of $22.5m, net assets of $5.5m.
Income and spending
Where the income comes from
- Program services 97%
- Other 3.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Autumngold Senior Services Inc | Caldwell | $2.6m |
| North Fork Housing Alliance Inc | Greenport | $2.6m |
| Welles Country Village Ltd | Vernon Rockville | $2.6m |
| Govans Ecumenical Development Corporation | Baltimore | $2.6m |