Homeland Preparedness Project

Analysis

Homeland Preparedness Project is a registered charity in United States, based in Alvin, TX. It received its IRS tax-exemption ruling in August 2005, 21 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 2022, Homeland Preparedness Project reported income of $341k and spending of $260k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2018 to December 2022, income fell from $478k to $341k (-29%), an average of -8.1% a year. The sharpest change came in the year to December 2019, when income dropped by 39%. Over the whole period it spent 85% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Homeland Preparedness Project sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include Gallatin-Sunnyside Volunteer Fire Company of Forward Township ($341k), Concord Volunteer Fire Department ($341k) and Lamott Fire Company No 1 ($341k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 8.7% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $79k (31% of expenses). At year end it held assets of $662k against liabilities of $19k, net assets of $642k. It reported 1 employees.