Peers Housing Association

Analysis

Peers Housing Association is a registered charity in United States, based in Highland Park, IL. It received its IRS tax-exemption ruling in November 1997, 29 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Peers Housing Association reported income of $1.3m and spending of $1.0m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.3m (+21%), an average of +4.8% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 83% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Peers Housing Association sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within IL. Charities of a similar size with the same main cause include Up for Growth ($1.3m), Rebuilding Together Sacramento ($1.3m) and River View Gardens Housing Development Fund Company Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $153k. At year end it held assets of $4.5m against liabilities of $2.7m, net assets of $1.8m.