SRHT Property Management Company

Analysis

SRHT Property Management Company is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in July 1995, 31 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, SRHT Property Management Company reported income of $4.3m and spending of $2.8m, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.2m to $4.3m (+3.1%), an average of +0.8% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 92% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, SRHT Property Management Company sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Wyoming Weatherization Services ($4.3m), Rods House ($4.3m) and Knox Housing Partnership Inc ($4.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $89k (3.2% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $9.7m against liabilities of $8.0m, net assets of $1.7m. It reported 92 employees.