Nonprofit screen
Screen a listPromesa Housing Development Fund Corporation Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$5.7Mrevenue
FY2024 · −33% in 3 yrs46staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−24.3%
Months of reserve15.9mo
Revenue growth (annualized)−7.4%
Middle half of peersMedianPromesa Housing Development
Where the money goes FY2024 · $7.1M spent
Programs$6.5M92%Management and general$543k8%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 3 of the last 3 years
−$1.5M in FY2022, −$1.9M in FY2023 and −$1.4M in FY2024. Cash covers 15.9 months, above the peer median of 5.5.
990 Part I and balance sheetIn its favor1
Strong governance
5 of 5 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VI2funders
Funded