Halfway House Inc

Analysis

Halfway House Inc is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in August 1974, 52 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Halfway House Inc reported income of $1.1m and spending of $1.1m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $693k to $1.1m (+63%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 35%. Over the whole period it spent 90% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Halfway House Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 78th percentile within ME. Charities of a similar size with the same main cause include We Care of Central Florida Inc ($1.1m), Her Campaign ($1.1m) and King County Bar Foundation ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $76k (7.1% of expenses). Other salaries and wages came to $515k. At year end it held assets of $1.4m against liabilities of $49k, net assets of $1.4m. It reported 35 employees.