Indiana Extension Homemakers Association Inc

Analysis

Indiana Extension Homemakers Association Inc is a registered charity in United States, based in Rochester, IN. It received its IRS tax-exemption ruling in June 1971, 55 years ago. 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, Indiana Extension Homemakers Association Inc reported income of $74k and spending of $182k, spending 247% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $196k to $74k (-62%), an average of -62% a year. The sharpest change came in the year to June 2023, when income dropped by 62%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Indiana Extension Homemakers Association Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 26th percentile within IN. Charities of a similar size with the same main cause include Norfolk Golden Girls Inc ($73k), Arc 2nd Housing Corporation ($74k) and New River Historical Society ($73k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 60% of the total. At year end it held assets of $261k against liabilities of $0, net assets of $261k.