Partners in Housing Solutions Inc

Analysis

Partners in Housing Solutions Inc is a registered charity in United States, based in Santa Maria, CA. It received its IRS tax-exemption ruling in April 2019, 7 years ago. 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, Partners in Housing Solutions Inc reported income of $186k and spending of $249k, spending 134% of what it took in. Across the 5 years on record, from December 2019 to June 2023, income fell from $371k to $186k (-50%), an average of -16% a year. The sharpest change came in the year to June 2023, when income dropped by 65%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Partners in Housing Solutions Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include Briarmeadow Charter School Parent- Teacher Organization ($186k), Junior Auxiliary of Columbus Mississippi Inc ($186k) and Siloam Springs Adult Development Center Inc ($186k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $341k against liabilities of $43k, net assets of $297k.