Boulder Presbyterian Housing Inc

Analysis

Boulder Presbyterian Housing Inc is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in March 2011, 15 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 December 2023, Boulder Presbyterian Housing Inc reported income of $203k and spending of $44k, leaving 78% of income unspent that year. Across the 5 years on record, from June 2020 to December 2023, income fell from $811k to $203k (-75%), an average of -29% a year. The sharpest change came in the year to June 2023, when income dropped by 202%. Over the whole period it spent 142% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Boulder Presbyterian Housing Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within CO. Charities of a similar size with the same main cause include N B C-U S a Incorporated ($203k), Mount Vernon Manor Annex ($203k) and Cumberland Court Housing Commission Inc ($203k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 30% of the total. At year end it held assets of $3.3m against liabilities of $16k, net assets of $3.2m. It reported 3 employees.