Halom House

Analysis

Halom House is a registered charity in United States, based in Blue Ash, OH. It received its IRS tax-exemption ruling in November 1983, 43 years ago. 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, Halom House reported income of $2.0m and spending of $1.9m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $2.0m (+4.6%), an average of +1.1% a year. The sharpest change came in the year to December 2020, when income rose by 45%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Halom House sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within OH. Charities of a similar size with the same main cause include The Fulton County Young Mens Christian Association Inc ($2.0m), Western Iowa Tech Community College Foundation ($2.0m) and Providence Mount St Vincent Foundation ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 3.7% of the total. Compensation of current officers, directors and key employees was $106k (5.6% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $4.0m against liabilities of $94k, net assets of $3.9m. It reported 54 employees.