Blessing House

Analysis

Blessing House is a registered charity in United States, based in Elyria, OH. It received its IRS tax-exemption ruling in February 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Blessing House reported income of $1.7m and spending of $1.1m, leaving 33% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.8m to $1.7m (-3.3%), an average of -1.1% a year. Over the whole period it spent 47% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Blessing House sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within OH. Charities of a similar size with the same main cause include 138-50 QB Housing Development Fund Corporation ($1.7m), Casa of Placer Yuba Sutter ($1.7m) and Arbor Youth Services Inc ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $60k (5.3% of expenses). Other salaries and wages came to $717k. At year end it held assets of $4.4m against liabilities of $8,500, net assets of $4.4m. It reported 35 employees.