PSZ House Corporation

Analysis

PSZ House Corporation is a registered charity in United States, based in Carlsbad, CA. It received its IRS tax-exemption ruling in August 2019, 7 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 December 2023, PSZ House Corporation reported income of $213k and spending of $15k, leaving 93% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $213k (-84%), an average of -37% a year. The sharpest change came in the year to December 2020, when income dropped by 87%. Over the whole period it spent 23% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, PSZ House Corporation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include Macgregor Housing Development Corporation ($213k), Senior Homes of Colorado Foundation Inc ($213k) and Residential Foundation Incorporated ($213k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $4.7m against liabilities of $1.8m, net assets of $2.9m.