Humility Homes and Services Inc

Analysis

Humility Homes and Services Inc is a registered charity in United States, based in Davenport, IA. It received its IRS tax-exemption ruling in October 2008, 18 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Humility Homes and Services Inc reported income of $5.2m and spending of $4.9m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.2m to $5.2m (+61%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 74%. Over the whole period it spent 83% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Humility Homes and Services Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within IA. Charities of a similar size with the same main cause include Affordable Housing and Economic Development Foundation ($5.2m), Crosby Senior Services ($5.2m) and R & R Loving Hands Inc ($5.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 9.7% of the total. Compensation of current officers, directors and key employees was $289k (5.9% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $9.2m against liabilities of $1.3m, net assets of $8.0m. It reported 86 employees.