Home Sweet Home

Analysis

Home Sweet Home is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in April 2016, 10 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, Home Sweet Home reported income of $2.3m and spending of $2.2m, spending 95% of its income. Across the 6 years on record, from December 2017 to December 2023, income grew from $301k to $2.3m (+661%), an average of +50% a year. The sharpest change came in the year to December 2019, when income rose by 180%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Home Sweet Home 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 85th percentile within MO. Charities of a similar size with the same main cause include Artists Helping the Homeless ($2.3m), Happybottoms ($2.3m) and Peraltas Playhouse Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 6.6% of the total. Compensation of current officers, directors and key employees was $92k (4.2% of expenses). Other salaries and wages came to $564k. At year end it held assets of $1.5m against liabilities of $846k, net assets of $693k. It reported 27 employees.