National Institute for Hometown Security Inc

Analysis

National Institute for Hometown Security Inc is a registered charity in United States, based in Somerset, KY. It received its IRS tax-exemption ruling in August 2005, 21 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 September 2023, National Institute for Hometown Security Inc reported income of $88k and spending of $768k, spending 870% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $13.9m to $88k (-99%), an average of -72% a year. The sharpest change came in the year to September 2023, when income rose by 502%. Over the whole period it spent 102% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, National Institute for Hometown Security Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within KY. Charities of a similar size with the same main cause include Decatur County Rescue Squad ($88k), Roseland Volunteer Fire Company ($88k) and Huletts Landing Volunteer Fire Company ($88k).

Compensation of current officers, directors and key employees was $258k (34% of expenses). Other salaries and wages came to $122k. At year end it held assets of $2.8m against liabilities of $50k, net assets of $2.8m. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.