Nonprofit Housing Preservation Pi Inc

Analysis

Nonprofit Housing Preservation Pi Inc is a registered charity in United States, based in Riviera Beach, FL. It received its IRS tax-exemption ruling in July 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Nonprofit Housing Preservation Pi Inc reported income of $1.5m and spending of $1.7m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.4m to $1.5m (-71%), an average of -27% a year. The sharpest change came in the year to December 2020, when income dropped by 76%. Over the whole period it spent 54% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Nonprofit Housing Preservation Pi Inc sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within FL. Charities of a similar size with the same main cause include O E S Home of Rhode Island ($1.5m), Country Meadow of Milaca Inc ($1.5m) and Dunn Family Senior Citizens Home Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $151k. At year end it held assets of $7.0m against liabilities of $7.5m, net assets of -$471k.