Prichard Housing Corporation II

Analysis

Prichard Housing Corporation II is a registered charity in United States, based in Mobile, AL. It received its IRS tax-exemption ruling in December 1988, 38 years ago. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2020, Prichard Housing Corporation II reported income of $52k and spending of $20k, leaving 61% of income unspent that year. Across the 2 years on record, from December 2019 to December 2020, income grew from $45k to $52k (+14%), an average of +14% a year. Over the whole period it spent 59% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Prichard Housing Corporation II sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within AL. Charities of a similar size with the same main cause include PTA Georgia Congress ($52k), St Christophers Fund ($52k) and Iowa City Boys Baseball Inc ($52k).

At year end it held assets of $2.2m against liabilities of $700, net assets of $2.2m. It reported 1 employees.