Partnership in Housing Inc

Analysis

Partnership in Housing Inc is a registered charity in United States, based in Bonita SPGS, FL. It received its IRS tax-exemption ruling in April 1995, 31 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Partnership in Housing Inc reported income of $1.2m and spending of $1.7m, spending 149% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.2m (+10%), an average of +2.5% a year. The sharpest change came in the year to December 2021, when income rose by 100%. Over the whole period it spent 115% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Partnership in Housing Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within FL. Charities of a similar size with the same main cause include St Louis Life ($1.2m), Pond Home Community Inc ($1.2m) and Gates Gardens Housing Development Fund Company Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 98% of the total. Other salaries and wages came to $234k. At year end it held assets of $11.7m against liabilities of $15.2m, net assets of -$3.5m.