Prairie Homes

Analysis

Prairie Homes is a registered charity in United States, based in North English, IA. It received its IRS tax-exemption ruling in August 2020, 6 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 December 2023, Prairie Homes reported income of $186k and spending of $178k, spending 96% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $132k to $186k (+41%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 32%. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Prairie Homes sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 53rd percentile within IA. Charities of a similar size with the same main cause include Inspire Counseling and Support Center Inc ($186k), Alcester Village Inc ($186k) and Bay Aging Apartments Montross Inc ($186k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $267k against liabilities of $94k, net assets of $173k.