Displaced Homemakers Center of Tompkins County Inc

Analysis

Displaced Homemakers Center of Tompkins County Inc is a registered charity in United States, based in Ithaca, NY. It received its IRS tax-exemption ruling in December 1995, 31 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 2023, Displaced Homemakers Center of Tompkins County Inc reported income of $614k and spending of $798k, spending 130% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $726k to $614k (-15%), an average of -4.1% a year. The sharpest change came in the year to June 2021, when income rose by 31%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Displaced Homemakers Center of Tompkins County Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Wisconsin Chinese Chamber of Commerce ($614k), Lee and Sumter County Alliance ($615k) and Our West Bayfront ($614k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $69k (8.7% of expenses). Other salaries and wages came to $391k. At year end it held assets of $1.1m against liabilities of $79k, net assets of $1.0m. It reported 12 employees.