Payson Homeless & Homeless Veterans Initiative

Analysis

Payson Homeless & Homeless Veterans Initiative is a registered charity in United States, based in Payson, AZ. It received its IRS tax-exemption ruling in June 2020, 6 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, Payson Homeless & Homeless Veterans Initiative reported income of $184k and spending of $149k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $137k to $184k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 84% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Payson Homeless & Homeless Veterans Initiative sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within AZ. Charities of a similar size with the same main cause include Immanuel Affordable Inc ($184k), Nba Disciples Housing of St Louis Columbia Missouri Inc ($184k) and House of Mercy Enterprises ($184k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $139k against liabilities of $0, net assets of $139k.