Homemade Hope for Homeless Children

Analysis

Homemade Hope for Homeless Children is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Homemade Hope for Homeless Children reported income of $275k and spending of $373k, spending 136% of what it took in. Across the 5 years on record, from August 2019 to December 2023, income grew from $260k to $275k (+5.7%), an average of +1.4% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Homemade Hope for Homeless Children sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within TX. Charities of a similar size with the same main cause include Project Milk Mission ($275k), Church Response ($275k) and Institute for the Study of Human Awareness ($275k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% of the total. Compensation of current officers, directors and key employees was $87k (23% of expenses). Other salaries and wages came to $120k. At year end it held assets of $191k against liabilities of $0, net assets of $191k. It reported 4 employees.