Operation Home Coming Foundation Inc

Analysis

Operation Home Coming Foundation Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Operation Home Coming Foundation Inc reported income of $129k and spending of $67k, leaving 48% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $437k to $129k (-71%), an average of -26% a year. The sharpest change came in the year to December 2021, when income rose by 79%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Operation Home Coming Foundation Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within NC. Charities of a similar size with the same main cause include Bethesda Home Foundation Webster South Dakota Inc ($129k), Acting Up ($129k) and Historical Society of Pomona Valley ($129k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 111% of the total. At year end it held assets of $379k against liabilities of $0, net assets of $379k.