Folks at Home

Analysis

Folks at Home is a registered charity in United States, based in Sewanee, TN. It received its IRS tax-exemption ruling in April 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Folks at Home reported income of $155k and spending of $142k, spending 92% of its income. Across the 3 years on record, from December 2020 to December 2023, income fell from $220k to $155k (-30%), an average of -16% a year. The sharpest change came in the year to December 2022, when income dropped by 37%. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Folks at Home sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 49th percentile within TN. Charities of a similar size with the same main cause include Champlain Islands Food Shelf Inc ($155k), Madera County Livestock Association ($155k) and Tharseo Place Inc ($155k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 59% of the total. At year end it held assets of $367k against liabilities of $8,618, net assets of $358k.