Home Share

Analysis

Home Share is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in March 1994, 32 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Home Share reported income of $100k and spending of $259k, spending 261% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $105k to $100k (-4.8%), an average of -1.2% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 187% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Home Share sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 34th percentile within MN. Charities of a similar size with the same main cause include Rancho Santa Fe Tea3 Foundation ($100k), Helping Hands of Potsdam Inc ($100k) and Meals on Wheels of Wappingers Falls ($100k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $911k against liabilities of $464k, net assets of $447k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.