Pacific Housing Inc a California Nonprofit Public Benefit Corporati

Analysis

Pacific Housing Inc a California Nonprofit Public Benefit Corporati is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in February 1999, 27 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 December 2023, Pacific Housing Inc a California Nonprofit Public Benefit Corporati reported income of $5.6m and spending of $4.0m, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.5m to $5.6m (+61%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 232%. Over the whole period it spent 32% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Pacific Housing Inc a California Nonprofit Public Benefit Corporati sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Century Villages at Cabrillo Inc ($5.6m), Quail Summit Inc ($5.6m) and Intend Indiana Inc ($5.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.3% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $324k (8.0% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $73.6m against liabilities of $2.4m, net assets of $71.2m. It reported 85 employees.