Homefields

Analysis

Homefields is a registered charity in United States, based in Millersville, PA. It received its IRS tax-exemption ruling in April 1994, 32 years ago. 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, Homefields reported income of $202k and spending of $178k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $167k to $202k (+21%), an average of +4.8% a year. The sharpest change came in the year to December 2020, when income rose by 42%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Homefields sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within PA. Charities of a similar size with the same main cause include Peoples Settlement Assoc ($202k), East School Parent-Teacher Council C/O East School ($202k) and North Penn Music Aides Inc ($202k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 51% of the total. Other salaries and wages came to $60k. At year end it held assets of $526k against liabilities of $160k, net assets of $367k. It reported 7 employees.