Xiente

Analysis

Xiente is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in November 1983, 43 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 September 2023, Xiente reported income of $9.9m and spending of $9.0m, spending 91% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $8.5m to $9.9m (+17%), an average of +4.0% a year. Over the whole period it spent 87% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Xiente sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within PA. Charities of a similar size with the same main cause include Central Oklahoma Habitat for Humanity Inc ($9.9m), Mission First Housing Development Corporation ($9.9m) and Westminster Senior Services Inc ($9.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 93% and program service revenue 5.0% of the total. Compensation of current officers, directors and key employees was $131k (1.5% of expenses). Other salaries and wages came to $4.5m. At year end it held assets of $16.4m against liabilities of $4.0m, net assets of $12.4m. It reported 153 employees.