Henry Home Association

Analysis

Henry Home Association is a registered charity in United States, based in Henry, IL. It received its IRS tax-exemption ruling in July 1986, 40 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 December 2023, Henry Home Association reported income of $188k and spending of $180k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $184k to $188k (+1.9%), an average of +0.5% a year. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Henry Home Association sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 53rd percentile within IL. Charities of a similar size with the same main cause include Bangor Historical Society ($187k), Lower Merion High School Crew Association Inc ($188k) and Pioneer Court Housing ($187k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 50% of the total. Other salaries and wages came to $40k. At year end it held assets of $639k against liabilities of $11k, net assets of $628k. It reported 5 employees.