89 South Care Support Inc

Analysis

89 South Care Support Inc is a registered charity in United States, based in Pittsfield, MA. It received its IRS tax-exemption ruling in December 2017, 9 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, 89 South Care Support Inc reported income of $3.8m and spending of $1.5m, leaving 60% of income unspent that year. Across the 6 years on record, from May 2019 to May 2024, income grew from $574k to $3.8m (+555%), an average of +46% a year. The sharpest change came in the year to May 2021, when income rose by 241%. Over the whole period it spent 71% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, 89 South Care Support Inc sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MA. Charities of a similar size with the same main cause include Home Repair Services of Kent County Inc ($3.8m), Community Housing Solutions of Guilford Inc ($3.8m) and Matinecock Court Housing Development Fund Corp ($3.8m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 24% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $151k (10.0% of expenses). Other salaries and wages came to $510k. At year end it held assets of $30.8m against liabilities of $4.2m, net assets of $26.5m. It reported 52 employees.