PHS Chanhassen Inc

Analysis

PHS Chanhassen Inc is a registered charity in United States, based in Roseville, MN. It received its IRS tax-exemption ruling in November 2000, 26 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, PHS Chanhassen Inc reported income of $7.3m and spending of $6.4m, spending 88% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $6.5m to $7.3m (+12%), an average of +2.9% a year. Over the whole period it spent 87% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, PHS Chanhassen Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MN. Charities of a similar size with the same main cause include Missouri Quality Care ($7.3m), Restart Inc ($7.3m) and Michaels Community Services Corporation ($7.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.3% and program service revenue 97% of the total. Other salaries and wages came to $2.3m. At year end it held assets of $23.4m against liabilities of $17.1m, net assets of $6.4m.