Pilgrims Senior Citizens Housing Development Corp

Analysis

Pilgrims Senior Citizens Housing Development Corp is a registered charity in United States, based in Glendale, CA. It received its IRS tax-exemption ruling in May 1980, 46 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Pilgrims Senior Citizens Housing Development Corp reported income of $828k and spending of $0, leaving 100% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $420k to $828k (+97%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 33%. Over the whole period it spent 0.1% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Pilgrims Senior Citizens Housing Development Corp sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include House of Freedom Support Corporation ($828k), Benetwood Corporation ($828k) and Royal Gardens Housing Development Fund Corporation ($827k).

At year end it held assets of $22.1m against liabilities of $0, net assets of $22.1m.