PHW Germantown Inc

Analysis

PHW Germantown Inc is a registered charity in United States, based in Roseville, MN. It received its IRS tax-exemption ruling in April 2016, 10 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 September 2023, PHW Germantown Inc reported income of $7.6m and spending of $7.8m, spending 102% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.7m to $7.6m (+177%), an average of +29% a year. The sharpest change came in the year to September 2020, when income rose by 151%. Over the whole period it spent 113% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, PHW Germantown Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within MN. Charities of a similar size with the same main cause include Senior Housing Options Inc ($7.6m), The Village of St Edward at Green ($7.6m) and Lazarus House Incorporated ($7.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 3.7% and program service revenue 94% of the total. Other salaries and wages came to $2.2m. At year end it held assets of $41.5m against liabilities of $45.2m, net assets of -$3.7m.

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.