Sarahs Home Corporation

Analysis

Sarahs Home Corporation is a registered charity in United States, based in Peyton, CO. It received its IRS tax-exemption ruling in December 2012, 14 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Sarahs Home Corporation reported income of $720k and spending of $369k, leaving 49% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $304k to $720k (+137%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 70%. Over the whole period it spent 67% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Sarahs Home Corporation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within CO. Charities of a similar size with the same main cause include Bridgeview Manor Housing Corp ($720k), Riley House Non Profit Housing Corporation ($720k) and Conivie Garden Courts Inc ($720k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $62k (17% of expenses). Other salaries and wages came to $152k. At year end it held assets of $1.2m against liabilities of $19k, net assets of $1.2m. It reported 15 employees.