Paradise Adolescent Homes Inc

Analysis

Paradise Adolescent Homes Inc is a registered charity in United States, based in San Ramon, CA. It received its IRS tax-exemption ruling in March 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Paradise Adolescent Homes Inc reported income of $1.4m and spending of $1.7m, spending 119% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $865k to $1.4m (+62%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 42%. Over the whole period it spent 112% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Paradise Adolescent Homes Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Wiregrass Area Food Bank Inc ($1.4m), Wood County Senior Citizens Association ($1.4m) and Love Transformation Project Inc ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $48k (2.9% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $89k against liabilities of $762k, net assets of -$673k. It reported 43 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.