Danish Home Foundation

Analysis

Danish Home Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Danish Home Foundation reported income of $1.5m and spending of $1.1m, leaving 26% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.0m to $1.5m (+48%), an average of +10% a year. The sharpest change came in the year to September 2022, when income rose by 174%. Over the whole period it spent 78% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Danish Home Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within IL. Charities of a similar size with the same main cause include Homes for Hope Inc ($1.5m), Acts Lending Inc ($1.5m) and Community Healthcare Realty Inc ($1.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 72% of the total. At year end it held assets of $11.7m against liabilities of $1.5m, net assets of $10.1m.