Aurora Homes Inc

Analysis

Aurora Homes Inc is a registered charity in United States, based in Rockville, MD. It received its IRS tax-exemption ruling in February 2007, 19 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 2022, Aurora Homes Inc reported income of $85k and spending of $158k, spending 186% of what it took in. Across the 4 years on record, from June 2019 to June 2022, income grew from $76k to $85k (+12%), an average of +3.7% a year. Over the whole period it spent 162% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Aurora Homes Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 34th percentile within MD. Charities of a similar size with the same main cause include Housing and Supportive Services of Fresno ($85k), Father Al S Outreach Inc ($85k) and Connect Family Center Inc ($85k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 77% and program service revenue 23% of the total. At year end it held assets of $700k against liabilities of $1.4m, net assets of -$725k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.