People Assisting the Homeless

Analysis

People Assisting the Homeless is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in February 1985, 41 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, People Assisting the Homeless reported income of $159.5m and spending of $155.3m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $64.2m to $159.5m (+148%), an average of +26% a year. The sharpest change came in the year to June 2020, when income rose by 38%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, People Assisting the Homeless sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within CA. Charities of a similar size with the same main cause include Food Lifeline ($157.5m), Childnet Inc ($159.6m) and Second Harvest Food Bank of Metrolina Inc ($156.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $547k (0.4% of expenses). Other salaries and wages came to $55.0m. At year end it held assets of $73.9m against liabilities of $52.3m, net assets of $21.6m. It reported 1,180 employees.