Blithesome Home Inc

Analysis

Blithesome Home Inc is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in August 1985, 41 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Blithesome Home Inc reported income of $2.0m and spending of $1.6m, leaving 21% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.4m to $2.0m (+48%), an average of +10% a year. The sharpest change came in the year to September 2022, when income rose by 26%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Blithesome Home Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within MI. Charities of a similar size with the same main cause include Cascade County Council of the Society of St Vincent de Paul ($2.0m), Family Promise of Monroe County Inc ($2.0m) and LA Colmena NYC Inc ($2.0m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $350k. At year end it held assets of $1.1m against liabilities of $272, net assets of $1.1m. It reported 6 employees.