Redding Pilgrim Housing Inc

Analysis

Redding Pilgrim Housing Inc is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in June 1985, 41 years ago. 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 October 2023, Redding Pilgrim Housing Inc reported income of $652k and spending of $593k, spending 91% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $603k to $652k (+8.2%), an average of +2.0% a year. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Redding Pilgrim Housing Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include John T Waterhouse Trust Estate II Bishop Museum 20582004 010985 ($652k), Catskill Forest Association Inc ($652k) and Hospice and Palliative Care Association of New York State Inc ($652k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 72% and program service revenue 27% of the total. At year end it held assets of $977k against liabilities of $1.1m, net assets of -$102k.