Homies Organizing the Mission to Empower Youth Homey

Analysis

Homies Organizing the Mission to Empower Youth Homey is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in February 2014, 12 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 2023, Homies Organizing the Mission to Empower Youth Homey reported income of $6.3m and spending of $6.2m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $796k to $6.3m (+689%), an average of +68% a year. The sharpest change came in the year to June 2022, when income rose by 199%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Homies Organizing the Mission to Empower Youth Homey sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Sturdy Health Foundation Inc ($6.3m), Friends of Yad Sarah Inc ($6.3m) and Moosilauke Visions Inc ($6.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $138k (2.2% of expenses). Other salaries and wages came to $731k. At year end it held assets of $1.9m against liabilities of $1.4m, net assets of $441k. It reported 18 employees.