Pacific Manor Inc
Analysis
Pacific Manor Inc is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in June 1985, 41 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 March 2023, Pacific Manor Inc reported income of $3.9m and spending of $1.5m, leaving 61% of income unspent that year. Across the 5 years on record, from March 2019 to March 2023, income grew from $1.5m to $3.9m (+166%), an average of +28% a year. The sharpest change came in the year to March 2022, when income rose by 65%. Over the whole period it spent 54% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Pacific Manor Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Montgomery Housing Partnership Inc ($3.9m), Rhode Island Coalition for the Homeless ($3.9m) and Merry Go Round Inc ($3.9m).
On its Form 990 for the period ending March 2023, revenue came from contributions and grants 80% and program service revenue 19% of the total. Other salaries and wages came to $230k. At year end it held assets of $10.6m against liabilities of $3.2m, net assets of $7.4m. It reported 5 employees.
Income and spending
Where the income comes from
- Contributions & grants 80%
- Program services 19%
- Other 1.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Montgomery Housing Partnership Inc | Silver Spring | $3.9m |
| Rhode Island Coalition for the Homeless | Providence | $3.9m |
| Merry Go Round Inc | Greenwich | $3.9m |
| Habitat for Humanity International Inc | Wichita | $3.9m |