S P G Housing Inc

Analysis

S P G Housing Inc is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in August 1992, 34 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, S P G Housing Inc reported income of $3.9m and spending of $4.3m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.4m to $3.9m (+14%), an average of +3.4% a year. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, S P G Housing Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Davenport Residence Inc ($3.9m), West Valley Soccer League ($3.9m) and Minnesota State Council on Economic Education ($3.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. At year end it held assets of $16.1m against liabilities of $12.8m, net assets of $3.3m.