PHS Beacon Hill Inc

Analysis

PHS Beacon Hill Inc is a registered charity in United States, based in Roseville, MN. It received its IRS tax-exemption ruling in July 2002, 24 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, PHS Beacon Hill Inc reported income of $5.0m and spending of $4.5m, spending 91% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $4.4m to $5.0m (+13%), an average of +3.2% a year. Over the whole period it spent 88% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, PHS Beacon Hill Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MN. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($5.0m), Stanton Norfolk Inc ($5.0m) and Eger Harbor House Inc ($5.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.3% and program service revenue 95% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $17.1m against liabilities of $6.8m, net assets of $10.3m.