Home Repair Resource Center

Analysis

Home Repair Resource Center is a registered charity in United States, based in Cleveland HTS, OH. It received its IRS tax-exemption ruling in December 1971, 55 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Home Repair Resource Center reported income of $1.0m and spending of $824k, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $510k to $1.0m (+104%), an average of +20% a year. The sharpest change came in the year to June 2023, when income rose by 99%. Over the whole period it spent 89% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Home Repair Resource Center sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within OH. Charities of a similar size with the same main cause include Island Housing Trust ($1.0m), Cover Home Repair Inc ($1.0m) and St Luke Housing Development Fund Co Inc ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Other salaries and wages came to $407k. At year end it held assets of $1.1m against liabilities of -$62k, net assets of $1.2m. It reported 11 employees.