Park East House Inc

Analysis

Park East House Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in August 1985, 41 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 June 2023, Park East House Inc reported income of $213k and spending of $156k, leaving 27% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $198k to $213k (+7.9%), an average of +7.9% a year. Over the whole period it spent 72% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Park East House Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within CO. Charities of a similar size with the same main cause include Senior Homes of Colorado Foundation Inc ($213k), Northern Housing Development Fund Co Inc ($213k) and PSZ House Corporation ($213k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $7,877. At year end it held assets of $216k against liabilities of $348k, net assets of -$132k.