Pennswood Village Residents Assn

Analysis

Pennswood Village Residents Assn is a registered charity in United States, based in Newtown, PA. It received its IRS tax-exemption ruling in December 1997, 29 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 March 2024, Pennswood Village Residents Assn reported income of $391k and spending of $340k, spending 87% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $269k to $391k (+45%), an average of +9.8% a year. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Pennswood Village Residents Assn sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within PA. Charities of a similar size with the same main cause include Grandville Senior Housing Corporation ($391k), Vinton County Housing Development Corporation ($391k) and Deangelis Manor II C/O NHP ($391k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 98% of the total. At year end it held assets of $556k against liabilities of $3,735, net assets of $552k.