Always Home Inc

Analysis

Always Home Inc is a registered charity in United States, based in Mystic, CT. It received its IRS tax-exemption ruling in September 1999, 27 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, Always Home Inc reported income of $826k and spending of $619k, leaving 25% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $543k to $826k (+52%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 20%. Over the whole period it spent 82% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Always Home Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within CT. Charities of a similar size with the same main cause include Chicago Urban League Development Corporation ($826k), NHDC Forest Hills Apartments Inc ($826k) and Randallstown II Non-Profit Housing Corporation ($825k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 4.5% of the total. Other salaries and wages came to $307k. At year end it held assets of $1.4m against liabilities of $66k, net assets of $1.3m. It reported 6 employees.