Home Again Inc

Analysis

Home Again Inc is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in July 2006, 20 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, Home Again Inc reported income of $222k and spending of $481k, spending 216% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $470k to $222k (-53%), an average of -17% a year. The sharpest change came in the year to December 2022, when income rose by 144%. Over the whole period it spent 74% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Home Again Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 57th percentile within MS. Charities of a similar size with the same main cause include Missions Senior Community Inc ($222k), Garden Way Housing Inc ($223k) and Workforce Housing Coalition of the Greater Seacoast ($222k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $17k (3.6% of expenses). Other salaries and wages came to $3,898. At year end it held assets of $3.7m against liabilities of $200k, net assets of $3.5m.