Home of the Sparrow Inc

Analysis

Home of the Sparrow Inc is a registered charity in United States, based in Woodstock, IL. It received its IRS tax-exemption ruling in September 1988, 38 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 (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, Home of the Sparrow Inc reported income of $8.0m and spending of $7.3m, spending 91% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $5.5m to $8.0m (+46%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 27%. Over the whole period it spent 88% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Home of the Sparrow Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within IL. Charities of a similar size with the same main cause include Birmingham Green Adult Care Residence ($8.0m), YWCA Cass Clay ($8.0m) and Cambridge Community Housing Development Inc ($8.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 43% and program service revenue 2.3% of the total. Compensation of current officers, directors and key employees was $116k (1.6% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $14.5m against liabilities of $4.7m, net assets of $9.8m. It reported 156 employees.