Homes for All Inc

Analysis

Homes for All Inc is a registered charity in United States, based in Toms River, NJ. It received its IRS tax-exemption ruling in August 1988, 38 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, Homes for All Inc reported income of $2.2m and spending of $2.1m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.0m to $2.2m (-44%), an average of -14% a year. The sharpest change came in the year to December 2020, when income dropped by 79%. Over the whole period it spent 81% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Homes for All Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within NJ. Charities of a similar size with the same main cause include Kiamichi Youth Services Inc for McCurtain County Inc ($2.2m), Aya Youth Collective ($2.2m) and St Luke Services Corporation ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $265k (13% of expenses). Other salaries and wages came to $352k. At year end it held assets of $17.6m against liabilities of $5.7m, net assets of $11.9m. It reported 4 employees.