Pacific Grove Supportive Housing Inc

Analysis

Pacific Grove Supportive Housing Inc is a registered charity in United States, based in Hayward, CA. It received its IRS tax-exemption ruling in September 1995, 31 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 2023, Pacific Grove Supportive Housing Inc reported income of $222k and spending of $334k, spending 151% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $254k to $222k (-13%), an average of -3.3% a year. The sharpest change came in the year to June 2020, when income dropped by 23%. Over the whole period it spent 134% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Pacific Grove Supportive Housing Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include Community Housing III Inc ($221k), Buckelew Housing ($222k) and Housing 1989 ($221k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 59% and program service revenue 38% of the total. At year end it held assets of $1.7m against liabilities of $1.9m, net assets of -$264k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.