Pep Housing

Analysis

Pep Housing is a registered charity in United States, based in Santa Rosa, CA. It received its IRS tax-exemption ruling in September 1979, 47 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Pep Housing reported income of $6.6m and spending of $6.5m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.4m to $6.6m (+92%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 51%. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Pep Housing sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Joshua Fund ($6.6m), Curt Landry Ministries International ($6.6m) and Agudah Camps Inc ($6.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $357k (5.5% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $23.4m against liabilities of $11.3m, net assets of $12.0m. It reported 57 employees.