Home Sweet Home Community Redevelopment Co

Analysis

Home Sweet Home Community Redevelopment Co is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2022, Home Sweet Home Community Redevelopment Co reported income of $151k and spending of $192k, spending 127% of what it took in. Across the 4 years on record, from December 2018 to December 2022, income fell from $978k to $151k (-85%), an average of -46% a year. The sharpest change came in the year to December 2021, when income rose by 223%. Over the whole period it spent 20% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Home Sweet Home Community Redevelopment Co sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 51st percentile within TX. Charities of a similar size with the same main cause include Siegel High School Band Boosters Club ($151k), Iaapa Foundation ($151k) and Ashton Johnson Memorial Clouddancer Scholarship ($151k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 71% and program service revenue 5.4% of the total. Compensation of current officers, directors and key employees was $42k (22% of expenses). Other salaries and wages came to $14k. At year end it held assets of $313k against liabilities of $0, net assets of $313k. It reported 2 employees.