Homme Apartments Inc

Analysis

Homme Apartments Inc is a registered charity in United States, based in Wittenberg, WI. It received its IRS tax-exemption ruling in March 2014, 12 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, Homme Apartments Inc reported income of $82k and spending of $63k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $81k to $82k (+0.7%), an average of +0.7% a year. Over the whole period it spent 76% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Homme Apartments Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 29th percentile within WI. Charities of a similar size with the same main cause include Massachusetts Avenue Housing Development Fund Corporation ($82k), Florida Keys Community Land Trust Inc ($82k) and Galena Park Terrace ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $175k against liabilities of $406k, net assets of -$231k.