South Western Alpha Housing and Healthcare Inc

Analysis

South Western Alpha Housing and Healthcare Inc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in February 2015, 11 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 December 2023, South Western Alpha Housing and Healthcare Inc reported income of $7.1m and spending of $10.3m, spending 145% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $7.8m to $7.1m (-8.8%), an average of -2.3% a year. Over the whole period it spent 125% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, South Western Alpha Housing and Healthcare Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within PA. Charities of a similar size with the same main cause include Santa Clara Methodist Retirement Foundation Inc ($7.1m), Africatown Community Land Trust ($7.1m) and Utah Regional Housing Corporation ($7.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.9% and program service revenue 95% of the total. Other salaries and wages came to $5.9m. At year end it held assets of $5.5m against liabilities of $10.9m, net assets of -$5.3m. It reported 97 employees.

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.