Holston Home for Children Foundation Inc

Analysis

Holston Home for Children Foundation Inc is a registered charity in United States, based in Greeneville, TN. 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 June 2023, Holston Home for Children Foundation Inc reported income of $2.4m and spending of $1.9m, spending 80% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.1m to $2.4m (+11%), an average of +2.7% a year. The sharpest change came in the year to June 2021, when income rose by 56%. Over the whole period it spent 47% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Holston Home for Children Foundation Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within TN. Charities of a similar size with the same main cause include Affordable Housing Visions for Texas Inc ($2.4m), Heart of the City Neighborhoods Inc ($2.4m) and Greenpointe Regional Housing Inc ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 65% of the total. At year end it held assets of $50.8m against liabilities of $0, net assets of $50.8m.