Pittsburg Senior and Handicapped Residential Community Inc

Analysis

Pittsburg Senior and Handicapped Residential Community Inc is a registered charity in United States, based in Pittsburg, CA. It received its IRS tax-exemption ruling in August 1977, 49 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 September 2023, Pittsburg Senior and Handicapped Residential Community Inc reported income of $1.2m and spending of $921k, leaving 22% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $822k to $1.2m (+43%), an average of +9.4% a year. The sharpest change came in the year to September 2023, when income rose by 30%. Over the whole period it spent 76% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Pittsburg Senior and Handicapped Residential Community Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Mercy Communities Inc ($1.2m), Delray Housing Group Inc ($1.2m) and Positively Third Street Housing Development Fund Inc ($1.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 6.8% and program service revenue 64% of the total. Other salaries and wages came to $113k. At year end it held assets of $10.8m against liabilities of $1.5m, net assets of $9.3m. It reported 20 employees.