Home Headquarters Inc

Analysis

Home Headquarters Inc is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in October 1991, 35 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 April 2024, Home Headquarters Inc reported income of $32.1m and spending of $27.1m, spending 85% of its income. Across the 5 years on record, from April 2020 to April 2024, income grew from $15.8m to $32.1m (+104%), an average of +20% a year. The sharpest change came in the year to April 2023, when income rose by 47%. Over the whole period it spent 84% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Home Headquarters Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include Colorado Affordable Catholic Housing Corp ($32.0m), Montage Living ($32.3m) and Dallas Mennonite Retirement Community Inc ($31.9m).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 77% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $518k (1.9% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $94.1m against liabilities of $39.3m, net assets of $54.9m. It reported 71 employees.