Miss Laura M Raymond Homes Inc

Analysis

Miss Laura M Raymond Homes Inc is a registered charity in United States, based in North Haven, CT. It received its IRS tax-exemption ruling in January 1984, 42 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 June 2024, Miss Laura M Raymond Homes Inc reported income of $1.1m and spending of $1.1m, spending 96% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.1m to $1.1m (+3.1%), an average of +0.8% a year. Over the whole period it spent 93% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Miss Laura M Raymond Homes Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within CT. Charities of a similar size with the same main cause include Gwinnett Housing Corporation ($1.1m), Umma Foundation Inc ($1.1m) and Talbot Interfaith Shelter Inc ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $2.9m against liabilities of $1.9m, net assets of $997k.