Homes for the Exceptional Company Inc

Analysis

Homes for the Exceptional Company Inc is a registered charity in United States, based in Valley Cottage, NY. It received its IRS tax-exemption ruling in September 1981, 45 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Homes for the Exceptional Company Inc reported income of $149k and spending of $107k, leaving 28% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $150k to $149k (-0.5%), an average of -0.2% a year. Over the whole period it spent 74% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Homes for the Exceptional Company Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within NY. Charities of a similar size with the same main cause include Pearl Griffin Memorial Latch Key Program ($149k), Friendship Center for New Beginnings Inc ($149k) and Audubon Peer to Peer Aid Inc ($149k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $230k against liabilities of $239k, net assets of -$9,130.