Hometown Resource Center

Analysis

Hometown Resource Center is a registered charity in United States, based in St Charles, MN. It received its IRS tax-exemption ruling in March 1989, 37 years ago. Its declared purposes cover food, agriculture and nutrition, 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 December 2023, Hometown Resource Center reported income of $177k and spending of $192k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $166k to $177k (+6.8%), an average of +6.8% a year. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hometown Resource Center sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within MN. Charities of a similar size with the same main cause include Friends of Francois ($177k), Open Door Ministries Inc ($177k) and Brooks County Family Connection Inc ($177k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 34% of the total. At year end it held assets of $234k against liabilities of $99k, net assets of $135k.