Home Assistance Referral Team Inc

Analysis

Home Assistance Referral Team Inc is a registered charity in United States, based in Lewiston, NY. It received its IRS tax-exemption ruling in May 1985, 41 years ago. 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, Home Assistance Referral Team Inc reported income of $123k and spending of $206k, spending 168% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $179k to $123k (-32%), an average of -32% a year. The sharpest change came in the year to December 2023, when income dropped by 32%. Over the whole period it spent 124% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Home Assistance Referral Team 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 42nd percentile, and in the 41st percentile within NY. Charities of a similar size with the same main cause include American Friends of D V I ($123k), PTA California Congress of Parents Teachers & Students Inc ($123k) and First Love Ministries of Morristown Inc ($123k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $23k against liabilities of $5,000, net assets of $18k.