Stay at Home in Little Compton Inc

Analysis

Stay at Home in Little Compton Inc is a registered charity in United States, based in L Compton, RI. It received its IRS tax-exemption ruling in September 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 publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Stay at Home in Little Compton Inc reported income of $1.0m and spending of $964k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $800k to $1.0m (+28%), an average of +6.3% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Stay at Home in Little Compton Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 76th percentile within RI. Charities of a similar size with the same main cause include South Boston Non-Profit Housing Corporation ($1.0m), Habitat for Humanity International Inc ($1.0m) and Habitat Housing Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $147k (15% of expenses). Other salaries and wages came to $556k. At year end it held assets of $444k against liabilities of $19k, net assets of $424k. It reported 47 employees.