Historic Homes of Runnemede Inc

Analysis

Historic Homes of Runnemede Inc is a registered charity in United States, based in Windsor, VT. It received its IRS tax-exemption ruling in August 1974, 52 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 September 2023, Historic Homes of Runnemede Inc reported income of $2.2m and spending of $2.2m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.8m to $2.2m (+23%), an average of +5.2% a year. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Historic Homes of Runnemede Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within VT. Charities of a similar size with the same main cause include Great Plains Veterans Services Center ($2.2m), Church of Bible Understanding ($2.2m) and Pauquette Area Elderly Housing Corporation ($2.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.6% and program service revenue 90% of the total. Other salaries and wages came to $868k. At year end it held assets of $3.1m against liabilities of $456k, net assets of $2.7m. It reported 38 employees.