Home Builders Care of Fargo Moorehead Foundation Inc

Analysis

Home Builders Care of Fargo Moorehead Foundation Inc is a registered charity in United States, based in Fargo, ND. It received its IRS tax-exemption ruling in May 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Home Builders Care of Fargo Moorehead Foundation Inc reported income of $123k and spending of $132k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $192k to $123k (-36%), an average of -10% a year. The sharpest change came in the year to December 2021, when income rose by 101%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Home Builders Care of Fargo Moorehead Foundation Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 33rd percentile within ND. Charities of a similar size with the same main cause include Cassia County Education Foundation Inc ($123k), Durham Intermediate School Parent- Teacher Organization ($123k) and Education Couture NFP ($123k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% of the total. At year end it held assets of $479k against liabilities of $0, net assets of $479k.