Papas House Inc

Analysis

Papas House Inc is a registered charity in United States, based in Summitville, IN. It received its IRS tax-exemption ruling in May 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, Papas House Inc reported income of $78k and spending of $74k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $78k (+13%), an average of +13% a year. Over the whole period it spent 95% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Papas House Inc sits at the 17th percentile: it is larger than about 17% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within IN. Charities of a similar size with the same main cause include National Housing Resource Group Inc ($78k), Falls Village Housing Trust Inc ($78k) and Salvation Manor Inc ($78k).

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 $18k against liabilities of $0, net assets of $18k.