Conrad House Inc

Analysis

Conrad House Inc is a registered charity in United States, based in Erie, PA. It received its IRS tax-exemption ruling in March 1974, 52 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, Conrad House Inc reported income of $1.0m and spending of $1.1m, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.3m to $1.0m (-20%), an average of -5.5% a year. The sharpest change came in the year to June 2022, when income dropped by 19%. Over the whole period it spent 113% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Conrad House Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within PA. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($1.0m), Blue Waters Recovery Foundation Inc ($1.0m) and Stay at Home in Little Compton Inc ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $104k. At year end it held assets of $2.3m against liabilities of $5.1m, net assets of -$2.8m.

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.