Peoples Self-Help Housing Corporation

Analysis

Peoples Self-Help Housing Corporation is a registered charity in United States, based in SN Luis Obisp, CA. It received its IRS tax-exemption ruling in July 1971, 55 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 June 2023, Peoples Self-Help Housing Corporation reported income of $20.3m and spending of $15.9m, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $14.4m to $20.3m (+41%), an average of +8.9% a year. The sharpest change came in the year to June 2021, when income rose by 38%. 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, Peoples Self-Help Housing Corporation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Mof-Preservation of Affordability Corp ($20.2m), Dollar Energy Fund Inc ($20.3m) and Leadingage Inc ($20.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $3.0m (19% of expenses). Other salaries and wages came to $5.1m. At year end it held assets of $143.7m against liabilities of $60.3m, net assets of $83.4m. It reported 136 employees.