Pleasant Hill Community Development Corporation

Analysis

Pleasant Hill Community Development Corporation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in May 2020, 6 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 2022, Pleasant Hill Community Development Corporation reported income of $3.0m and spending of $2.5m, spending 83% of its income. Across the 4 years on record, from December 2017 to December 2022, income grew from $1.3m to $3.0m (+134%), an average of +33% a year. The sharpest change came in the year to December 2022, when income rose by 44%. Over the whole period it spent 132% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Pleasant Hill Community Development Corporation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include Chicago Dwellings Association ($3.0m), Abundant Blessings Inc ($3.0m) and Bethany House of Nassau County Corporation ($3.0m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 16% and program service revenue 84% of the total. Other salaries and wages came to $360k. At year end it held assets of $6.5m against liabilities of $12.5m, net assets of -$6.0m.