Project Support Housing II

Analysis

Project Support Housing II is a registered charity in United States, based in Idaho Springs, CO. It received its IRS tax-exemption ruling in April 2006, 20 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, Project Support Housing II reported income of $161k and spending of $307k, spending 191% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $169k to $161k (-4.8%), an average of -1.2% a year. Over the whole period it spent 149% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Project Support Housing II sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 45th percentile within CO. Charities of a similar size with the same main cause include Vita Nova Foundation Inc ($161k), Housing Continuum Inc ($161k) and Family Promise of Burlington County Inc ($161k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $40k. At year end it held assets of $2.1m against liabilities of $2.0m, net assets of $42k. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.