Partners in Housing Inc a Colorado Non-Profit Corporation

Analysis

Partners in Housing Inc a Colorado Non-Profit Corporation is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in July 1992, 34 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 June 2023, Partners in Housing Inc a Colorado Non-Profit Corporation reported income of $2.5m and spending of $2.4m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $2.5m (+42%), an average of +9.1% a year. The sharpest change came in the year to June 2021, when income rose by 18%. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Partners in Housing Inc a Colorado Non-Profit Corporation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CO. Charities of a similar size with the same main cause include Manna Inc ($2.5m), Lydias House Inc ($2.5m) and Housing for Hoboken Inc ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $121k (5.1% of expenses). Other salaries and wages came to $901k. At year end it held assets of $3.7m against liabilities of $1.6m, net assets of $2.1m. It reported 31 employees.