Naomis Home Ministries

Analysis

Naomis Home Ministries is a registered charity in United States, based in Forest Hill, TX. It received its IRS tax-exemption ruling in September 2014, 12 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Naomis Home Ministries reported income of $81k and spending of $83k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $75k to $81k (+6.7%), an average of +1.6% a year. The sharpest change came in the year to December 2020, when income rose by 74%. Over the whole period it spent 91% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Naomis Home Ministries sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within TX. Charities of a similar size with the same main cause include Choctaw Atoka Properties Inc ($80k), Barelas Community Coalition Inc ($81k) and Transplant Living Centers Inc ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $55k against liabilities of $0, net assets of $55k.