Student-Run Emergency Housing Unit of Philadelphia Inc

Analysis

Student-Run Emergency Housing Unit of Philadelphia Inc is a registered charity in United States, based in Upper Darby, PA. It received its IRS tax-exemption ruling in August 2023, 3 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 December 2023, Student-Run Emergency Housing Unit of Philadelphia Inc reported income of $797k and spending of $714k, spending 90% of its income. Across the 3 years on record, from December 2018 to December 2023, income grew from $48k to $797k (+1548%), an average of +306% a year. The sharpest change came in the year to December 2022, when income rose by 1071%. Over the whole period it spent 60% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Student-Run Emergency Housing Unit of Philadelphia Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within PA. Charities of a similar size with the same main cause include Maynard Road Corporation ($796k), Senior Group Living Services Inc ($797k) and Council Towers V Housingdevelopment Fund Corporation ($796k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $160k (22% of expenses). Other salaries and wages came to $377k. At year end it held assets of $607k against liabilities of $13k, net assets of $594k. It reported 22 employees.