Homme Home for the Aging Inc

Analysis

Homme Home for the Aging Inc is a registered charity in United States, based in Wittenberg, WI. It received its IRS tax-exemption ruling in August 1963, 63 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Homme Home for the Aging Inc reported income of $3.6m and spending of $4.8m, spending 132% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $5.7m to $3.6m (-36%), an average of -11% a year. The sharpest change came in the year to June 2022, when income dropped by 27%. Over the whole period it spent 111% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Homme Home for the Aging Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within WI. Charities of a similar size with the same main cause include Early Childhood Mental Health Program ($3.6m), Opportunity Behavioral Health Inc ($3.6m) and Bridgewater Healthcare Inc ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.2% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $293k (6.1% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $2.8m against liabilities of $5.3m, net assets of -$2.5m. It reported 163 employees.