Episcopal Church Home Foundation Inc

Analysis

Episcopal Church Home Foundation Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in July 1987, 39 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Episcopal Church Home Foundation Inc reported income of $2.0m and spending of $5.5m, spending 275% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $2.0m (+43%), an average of +9.3% a year. The sharpest change came in the year to December 2021, when income rose by 82%. Over the whole period it spent 139% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Episcopal Church Home Foundation Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include Northeastern Conference House Housing Development Fund Co Inc ($2.0m), Kamaaina Hale Apartments ($2.0m) and Nosotros Housing Development Fund Corporation ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% of the total. Compensation of current officers, directors and key employees was $199k (3.6% of expenses). Other salaries and wages came to $191k. At year end it held assets of $20.6m against liabilities of $2.1m, net assets of $18.5m.