Castle Shannon Presbyterian Supportive Housing Inc

Analysis

Castle Shannon Presbyterian Supportive Housing Inc is a registered charity in United States, based in Oakmont, PA. It received its IRS tax-exemption ruling in March 1998, 28 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, Castle Shannon Presbyterian Supportive Housing Inc reported income of $169k and spending of $144k, spending 85% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $108k to $169k (+57%), an average of +9.4% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 112% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Castle Shannon Presbyterian Supportive Housing Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within PA. Charities of a similar size with the same main cause include Spring Valley Manor Inc ($169k), RVM Eagle Point Housing Corporation ($169k) and Share X Inc ($169k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 22% of the total. Other salaries and wages came to $8,605. At year end it held assets of $376k against liabilities of $220k, net assets of $156k.