Pear Grove Inc

Analysis

Pear Grove Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in September 2004, 22 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Pear Grove Inc reported income of $87k and spending of $148k, spending 169% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $66k to $87k (+33%), an average of +7.3% a year. The sharpest change came in the year to August 2020, when income rose by 351%. Over the whole period it spent 115% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Pear Grove Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within TX. Charities of a similar size with the same main cause include Miracle Square Inc ($87k), Habitat for Humanity Housing Development Fund Company Inc ($87k) and Mermentau Elderly Housing Corporation ($87k).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $5,000. At year end it held assets of $1.2m against liabilities of $161k, net assets of $1.0m. It reported 1 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.