Posada

Analysis

Posada is a registered charity in United States, based in Pueblo, CO. It received its IRS tax-exemption ruling in September 1987, 39 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 June 2024, Posada reported income of $3.3m and spending of $2.0m, leaving 41% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.3m to $3.3m (+150%), an average of +20% a year. The sharpest change came in the year to June 2021, when income rose by 98%. Over the whole period it spent 73% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Posada sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within CO. Charities of a similar size with the same main cause include North Hollywood Senior Citizens Towers Inc ($3.3m), Successful Living Supportive Housing Program ($3.3m) and Better Community Neighborhoods Inc ($3.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 79% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $105k (5.3% of expenses). Other salaries and wages came to $506k. At year end it held assets of $11.3m against liabilities of $2.8m, net assets of $8.5m. It reported 10 employees.