Pensdale Housing Inc

Analysis

Pensdale Housing Inc is a registered charity in United States, based in Duarte, CA. It received its IRS tax-exemption ruling in August 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 May 2023, Pensdale Housing Inc reported income of $778k and spending of $1.0m, spending 130% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income grew from $690k to $778k (+13%), an average of +3.0% a year. Over the whole period it spent 130% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pensdale Housing Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Catherines Childrens Home ($778k), Shamar Hope Haven Residential Treatment Center ($778k) and Families Thrive Inc ($778k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 59% and program service revenue 38% of the total. Other salaries and wages came to $161k. At year end it held assets of $5.9m against liabilities of $8.6m, net assets of -$2.8m. It reported 3 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.