Pacific Beach RHF Housing Inc

Analysis

Pacific Beach RHF Housing Inc is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in May 2019, 7 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 June 2023, Pacific Beach RHF Housing Inc reported income of $1.1m and spending of $779k, leaving 30% of income unspent that year. Across the 6 years on record, from June 2018 to June 2023, income grew from $220k to $1.1m (+407%), an average of +38% a year. The sharpest change came in the year to June 2023, when income rose by 115%. Over the whole period it spent 133% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Pacific Beach RHF Housing Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Wyandotte Csi Non-Profit Housing Corporation ($1.1m), Bethesda Corp ($1.1m) and National Church Residences of ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 38% of the total. At year end it held assets of $10.1m against liabilities of $11.2m, net assets of -$1.1m.