Augusta Area Home Inc

Analysis

Augusta Area Home Inc is a registered charity in United States, based in Augusta, WI. It received its IRS tax-exemption ruling in September 1968, 58 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 June 2024, Augusta Area Home Inc reported income of $6.7m and spending of $5.9m, spending 88% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $4.6m to $6.7m (+47%), an average of +8.0% a year. The sharpest change came in the year to June 2024, when income rose by 29%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Augusta Area Home Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within WI. Charities of a similar size with the same main cause include Collaborative Support Services Inc ($6.7m), Esperanza Community Services ($6.7m) and Clinton Housing Development Company Inc ($6.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 9.7% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $118k (2.0% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $12.9m against liabilities of $9.0m, net assets of $3.9m. It reported 134 employees.