Home for a Home

Analysis

Home for a Home is a registered charity in United States, based in Palm Springs, CA. It received its IRS tax-exemption ruling in March 2012, 14 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 (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, Home for a Home reported income of $168k and spending of $233k, spending 139% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $397k to $168k (-58%), an average of -19% a year. The sharpest change came in the year to December 2022, when income dropped by 42%. Over the whole period it spent 91% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Home for a Home sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include Presbyterian Community Ministry Inc ($168k), Cissna Park Senior Life Development NFP ($168k) and Neponsit Property Owners Association Inc ($168k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $99k (42% of expenses). At year end it held assets of $335k against liabilities of $440, net assets of $334k. It reported 1 employees.