Home Works - THVP

Analysis

Home Works - THVP is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in December 2012, 14 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 June 2024, Home Works - THVP reported income of $1.1m and spending of $862k, spending 80% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $724k to $1.1m (+48%), an average of +8.2% a year. The sharpest change came in the year to June 2020, when income rose by 28%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Home Works - THVP sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within MO. Charities of a similar size with the same main cause include Blue Hill Public Library Inc ($1.1m), Centro San Francisco Inc ($1.1m) and Wellness Council of Indiana Inc ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $105k (12% of expenses). Other salaries and wages came to $369k. At year end it held assets of $856k against liabilities of $175k, net assets of $681k. It reported 11 employees.