American Home Finding Association

Analysis

American Home Finding Association is a registered charity in United States, based in Ottumwa, IA. It received its IRS tax-exemption ruling in March 1942, 84 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, American Home Finding Association reported income of $5.5m and spending of $5.2m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.7m to $5.5m (+47%), an average of +10% a year. The sharpest change came in the year to December 2020, when income rose by 30%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, American Home Finding Association sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within IA. Charities of a similar size with the same main cause include St Joseph Academy Inc ($5.5m), Youth Collaboratory Inc ($5.5m) and Asbury Villas ($5.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.1% and program service revenue 89% of the total. Other salaries and wages came to $3.3m. At year end it held assets of $2.6m against liabilities of $637k, net assets of $2.0m. It reported 109 employees.