Thomas House Temporary Shelter

Analysis

Thomas House Temporary Shelter is a registered charity in United States, based in Garden Grove, CA. It received its IRS tax-exemption ruling in March 1988, 38 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 June 2023, Thomas House Temporary Shelter reported income of $1.6m and spending of $1.4m, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $1.6m (+27%), an average of +6.1% a year. The sharpest change came in the year to June 2020, when income rose by 27%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Thomas House Temporary Shelter sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Center for Digital Resilience ($1.6m), The Foundation for Child Care Inc ($1.6m) and Washington First Robotics ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $165k (12% of expenses). Other salaries and wages came to $441k. At year end it held assets of $4.3m against liabilities of $2.9m, net assets of $1.5m. It reported 12 employees.