Homefirst Housing Resource Services Inc

Analysis

Homefirst Housing Resource Services Inc is a registered charity in United States, based in Macon, GA. It received its IRS tax-exemption ruling in March 2005, 21 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, Homefirst Housing Resource Services Inc reported income of $170k and spending of $177k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $231k to $170k (-27%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Homefirst Housing Resource Services Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 53rd percentile within GA. Charities of a similar size with the same main cause include St Joseph County Park Foundation Inc ($170k), Hurricane Swim Club ($170k) and Tennessee Association of Students ($170k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $101k against liabilities of $67k, net assets of $34k.