Prairie Home Inc

Analysis

Prairie Home Inc is a registered charity in United States, based in Champaign, IL. It received its IRS tax-exemption ruling in April 1984, 42 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 2024, Prairie Home Inc reported income of $210k and spending of $109k, leaving 48% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $129k to $210k (+63%), an average of +63% a year. The sharpest change came in the year to June 2024, when income rose by 63%. Over the whole period it spent 67% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Prairie Home Inc sits at the 39th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within IL. Charities of a similar size with the same main cause include Monhegan Island Sustainable Community Association ($210k), Christian Services Corporation ($210k) and Pemberton Place Housing Corporation ($209k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 66% and program service revenue 35% of the total. At year end it held assets of $158k against liabilities of $205k, net assets of -$46k.