Heritage Presbyterian Housing Inc

Analysis

Heritage Presbyterian Housing Inc is a registered charity in United States, based in Largo, FL. It received its IRS tax-exemption ruling in March 1974, 52 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 September 2024, Heritage Presbyterian Housing Inc reported income of $3.6m and spending of $2.8m, leaving 21% of income unspent that year. Across the 6 years on record, from September 2019 to September 2024, income grew from $2.6m to $3.6m (+41%), an average of +7.1% a year. The sharpest change came in the year to September 2024, when income rose by 23%. Over the whole period it spent 85% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Heritage Presbyterian Housing Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within FL. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($3.6m), Homeless No More Inc ($3.6m) and Crossroads Center ($3.6m).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 1.1% and program service revenue 94% of the total. Other salaries and wages came to $760k. At year end it held assets of $6.8m against liabilities of $256k, net assets of $6.6m. It reported 23 employees.