Pasco Home Inc

Analysis

Pasco Home Inc is a registered charity in United States, based in Semmes, AL. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2023, Pasco Home Inc reported income of $490k and spending of $494k, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $322k to $490k (+52%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 26%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Pasco Home Inc sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within AL. Charities of a similar size with the same main cause include Mobile Clinical Services Inc ($490k), Trustees Uw Hanna B G Shaw ($490k) and Culinary Hospitality Outreach and Wellness Inc ($490k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% and program service revenue 5.6% of the total. At year end it held assets of $617k against liabilities of $458k, net assets of $159k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.