Homeplace on Green River Inc

Analysis

Homeplace on Green River Inc is a registered charity in United States, based in Campbellsvlle, KY. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Homeplace on Green River Inc reported income of $74k and spending of $78k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $63k to $74k (+18%), an average of +4.3% a year. The sharpest change came in the year to December 2021, when income rose by 209%. Over the whole period it spent 81% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Homeplace on Green River Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within KY. Charities of a similar size with the same main cause include Kiwanis Club of Shasta Dam Foundation ($74k), Ripley Main Street ($74k) and Payette Lakes Progressive Club Inc ($74k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 34% of the total. Other salaries and wages came to $48k. At year end it held assets of $735k against liabilities of $1,411, net assets of $734k. It reported 1 employees.