US Home-We Care Foundation Inc

Analysis

US Home-We Care Foundation Inc is a registered charity in United States, based in Hamilton, NJ. It received its IRS tax-exemption ruling in December 2001, 25 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, US Home-We Care Foundation Inc reported income of $83k and spending of $110k, spending 134% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $124k to $83k (-34%), an average of -9.8% a year. The sharpest change came in the year to December 2021, when income rose by 3216%. Over the whole period it spent 115% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, US Home-We Care Foundation Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 39th percentile within NJ. Charities of a similar size with the same main cause include Elpis Foundation ($83k), Northampton Area Konkrete Kids Educational Foundation ($83k) and Greater Houston Prayer Breakfast Inc ($82k).

At year end it held assets of $134k against liabilities of $0, net assets of $134k.