Planning Office for Urban Affairs Inc

Analysis

Planning Office for Urban Affairs Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in November 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, Planning Office for Urban Affairs Inc reported income of $3.7m and spending of $3.3m, spending 87% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $3.7m to $3.7m (+1.8%), an average of +0.6% a year. The sharpest change came in the year to December 2022, when income rose by 67%. Over the whole period it spent 54% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Planning Office for Urban Affairs Inc sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MA. Charities of a similar size with the same main cause include Clairmont Oaks Inc ($3.7m), Bridges to Housing Stability Inc ($3.8m) and Hearthway Inc ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.8% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $540k (17% of expenses). Other salaries and wages came to $746k. At year end it held assets of $80.0m against liabilities of $17.4m, net assets of $62.6m. It reported 11 employees.