Homes for the Exceptional II Inc

Analysis

Homes for the Exceptional II Inc is a registered charity in United States, based in Valley Cottage, NY. It received its IRS tax-exemption ruling in May 1998, 28 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 December 2023, Homes for the Exceptional II Inc reported income of $170k and spending of $167k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $166k to $170k (+2.8%), an average of +0.7% a year. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Homes for the Exceptional II Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within NY. Charities of a similar size with the same main cause include Shelter From the Storm ($170k), Stanford Homes for Elderly Inc ($170k) and Independent Order of Odd Fellows ($170k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $522k against liabilities of $1.4m, net assets of -$836k.