Home Company Inc

Analysis

Home Company Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in January 1982, 44 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, Home Company Inc reported income of $246k and spending of $198k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $209k to $246k (+18%), an average of +4.1% a year. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Home Company Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within WI. Charities of a similar size with the same main cause include Caring Choices Pregnancy Help Center Inc ($246k), Homer Council on the Arts ($246k) and MSQ Enterprises Inc ($246k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $489k against liabilities of $22k, net assets of $466k.