Pisgah Inc

Analysis

Pisgah Inc is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in May 2001, 25 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 June 2023, Pisgah Inc reported income of $183k and spending of $211k, spending 115% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $156k to $183k (+18%), an average of +5.6% a year. The sharpest change came in the year to June 2023, when income rose by 22%. Over the whole period it spent 129% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Pisgah Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NE. Charities of a similar size with the same main cause include West Central Missouri Hickory Estates Inc ($183k), RVM Grants Pass II Housing Corporation ($183k) and Jackson County Housing Inc ($183k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 57% and program service revenue 42% of the total. At year end it held assets of $753k against liabilities of $1.3m, net assets of -$587k.

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.