Our House Foundation Inc

Analysis

Our House Foundation Inc is a registered charity in United States, based in New Providnce, NJ. It received its IRS tax-exemption ruling in August 1989, 37 years ago. 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 2023, Our House Foundation Inc reported income of $1.2m and spending of $767k, leaving 38% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $782k to $1.2m (+59%), an average of +12% a year. The sharpest change came in the year to June 2020, when income rose by 54%. Over the whole period it spent 58% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Our House Foundation Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within NJ. Charities of a similar size with the same main cause include Airway Science for Kids Inc ($1.2m), Hspva Friends ($1.2m) and Westport Ministry in Housing Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 101% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $148k (19% of expenses). Other salaries and wages came to $114k. At year end it held assets of $2.9m against liabilities of $47k, net assets of $2.9m. It reported 4 employees.