Home Renew and Repair Inc

Analysis

Home Renew and Repair Inc is a registered charity in United States, based in Hayward, WI. It received its IRS tax-exemption ruling in January 1987, 39 years ago. 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 2022, Home Renew and Repair Inc reported income of $242k and spending of $231k, spending 96% of its income. Across the 4 years on record, from June 2019 to June 2022, income grew from $205k to $242k (+18%), an average of +5.6% a year. The sharpest change came in the year to June 2021, when income rose by 79%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Home Renew and Repair Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within WI. Charities of a similar size with the same main cause include Other Bar ($242k), Georgia Extension 4-H Foundation ($242k) and Foster Parents of Victoria ($242k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 19% and program service revenue 4.8% of the total. Other salaries and wages came to $110k. At year end it held assets of $725k against liabilities of $138k, net assets of $587k. It reported 10 employees.