Pasadena Supportive Housing Inc

Analysis

Pasadena Supportive Housing Inc is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in August 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Pasadena Supportive Housing Inc reported income of $186k and spending of $268k, spending 144% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $150k to $186k (+24%), an average of +5.6% a year. The sharpest change came in the year to June 2024, when income rose by 15%. Over the whole period it spent 142% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pasadena Supportive Housing Inc sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within MN. Charities of a similar size with the same main cause include Children of the Kingdom ($186k), Fundacion Maria Auxiliadora Inc ($186k) and Juniper House Inc ($186k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 78% and program service revenue 22% of the total. Other salaries and wages came to $29k. At year end it held assets of $1.3m against liabilities of $77k, net assets of $1.2m.

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.