Aveyron Homes Inc

Analysis

Aveyron Homes Inc is a registered charity in United States, based in Hutchinson, MN. It received its IRS tax-exemption ruling in September 1976, 50 years ago. 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, Aveyron Homes Inc reported income of $4.1m and spending of $3.9m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.5m to $4.1m (+17%), an average of +4.1% a year. The sharpest change came in the year to December 2020, when income rose by 27%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Aveyron Homes Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MN. Charities of a similar size with the same main cause include Anchor House Inc ($4.1m), International Registration Plan Inc ($4.1m) and Urban League of Cleveland ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.8% and program service revenue 92% of the total. Other salaries and wages came to $2.5m. At year end it held assets of $3.8m against liabilities of $250k, net assets of $3.5m. It reported 105 employees.