Tonis House Inc

Analysis

Tonis House Inc is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in September 2016, 10 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, Tonis House Inc reported income of $249k and spending of $240k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $145k to $249k (+72%), an average of +72% a year. The sharpest change came in the year to December 2023, when income rose by 72%. Over the whole period it spent 104% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Tonis House Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 63rd percentile within NV. Charities of a similar size with the same main cause include Tecumseh Road Housing Development Fund Company Inc ($249k), Peacemakers Love Foundation ($249k) and N L Resort Inc ($249k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. At year end it held assets of $12k against liabilities of $16k, net assets of -$4,173.