PHM Woodbury Inc

Analysis

PHM Woodbury Inc is a registered charity in United States, based in Roseville, MN. It received its IRS tax-exemption ruling in June 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, PHM Woodbury Inc reported income of $8.1m and spending of $7.3m, spending 90% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $7.1m to $8.1m (+14%), an average of +3.3% 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, PHM Woodbury Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within MN. Charities of a similar size with the same main cause include West Valley Community Services of Santa Clara County Inc ($8.1m), Hudson Senior Housing Inc ($8.1m) and Redwood Gospel Missions ($8.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.9% and program service revenue 97% of the total. Other salaries and wages came to $2.8m. At year end it held assets of $26.4m against liabilities of $15.9m, net assets of $10.5m.