Ranch Street Commons Inc

Analysis

Ranch Street Commons Inc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in August 1999, 27 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 September 2023, Ranch Street Commons Inc reported income of $105k and spending of $116k, spending 110% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $75k to $105k (+41%), an average of +8.9% a year. The sharpest change came in the year to September 2020, when income rose by 21%. Over the whole period it spent 126% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ranch Street Commons Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within PA. Charities of a similar size with the same main cause include Oscar Housing Foundation ($105k), Sequatchie Haven ($105k) and Wesley Group Home 1 Inc ($105k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 70% and program service revenue 28% of the total. At year end it held assets of $408k against liabilities of $790k, net assets of -$382k.

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.