Peckham Housing Corporation

Analysis

Peckham Housing Corporation is a registered charity in United States, based in Bingham Farms, MI. It received its IRS tax-exemption ruling in November 1987, 39 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 September 2023, Peckham Housing Corporation reported income of $272k and spending of $278k, spending 102% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $273k to $272k (-0.7%), an average of -0.2% a year. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Peckham Housing Corporation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within MI. Charities of a similar size with the same main cause include SNHS Raymond Elderly Housing Inc ($272k), Franklin Independent Senior Housing ($272k) and Poah Support Corporation 2 ($272k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. At year end it held assets of $488k against liabilities of $783k, net assets of -$294k.