Home Partnership Inc

Analysis

Home Partnership Inc is a registered charity in United States, based in Joppa, MD. It received its IRS tax-exemption ruling in March 1995, 31 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 June 2023, Home Partnership Inc reported income of $97k and spending of $229k, spending 235% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $120k to $97k (-19%), an average of -5.0% a year. The sharpest change came in the year to June 2021, when income rose by 140%. Over the whole period it spent 110% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Home Partnership Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 37th percentile within MD. Charities of a similar size with the same main cause include Bozeman Interfaith Housing Inc ($97k), Mary House Inc ($97k) and Danville Venture Villa Inc ($97k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 37% and program service revenue 60% of the total. At year end it held assets of $489k against liabilities of $122k, net assets of $367k.