Home Empower

Analysis

Home Empower is a registered charity in United States, based in West Linn, OR. It received its IRS tax-exemption ruling in October 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 (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, Home Empower reported income of $750k and spending of $962k, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $934k to $750k (-20%), an average of -5.4% a year. The sharpest change came in the year to December 2021, when income rose by 55%. 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, Home Empower sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within OR. Charities of a similar size with the same main cause include St Agnes Apartments Inc ($749k), HRC Cottages Inc ($750k) and Homes of Love Inc ($749k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $336k (35% of expenses). Other salaries and wages came to $331k. At year end it held assets of $463k against liabilities of $16k, net assets of $447k. It reported 10 employees.