Presbyterian Homes of Wisconsin Inc

Analysis

Presbyterian Homes of Wisconsin Inc is a registered charity in United States, based in Roseville, MN. It received its IRS tax-exemption ruling in September 1965, 61 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 September 2023, Presbyterian Homes of Wisconsin Inc reported income of $349k and spending of $368k, spending 105% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.9m to $349k (-82%), an average of -35% a year. The sharpest change came in the year to September 2023, when income rose by 93%. Over the whole period it spent 18% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Presbyterian Homes of Wisconsin Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within MN. Charities of a similar size with the same main cause include Stepping Stone Housing Inc ($349k), Metanoia Project Inc ($349k) and New Hope Community Development Non-Profit Housing Corporation ($349k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 23% of the total. Other salaries and wages came to $152k. At year end it held assets of $14.8m against liabilities of $255k, net assets of $14.5m.