Perpetual Help Home Inc

Analysis

Perpetual Help Home Inc is a registered charity in United States, based in Victoria, TX. It received its IRS tax-exemption ruling in May 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Perpetual Help Home Inc reported income of $182k and spending of $269k, spending 148% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $393k to $182k (-54%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 46%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Perpetual Help Home Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 55th percentile within TX. Charities of a similar size with the same main cause include Riverside Community Outreach ($182k), Interfaith Health and Support Services of Southern Ocean County ($182k) and Connecticut Nurserymens Foundation Inc ($181k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 7.5% of the total. Other salaries and wages came to $118k. At year end it held assets of $950k against liabilities of $4,458, net assets of $945k. It reported 7 employees.