Homewood Living Plum Creek Inc

Analysis

Homewood Living Plum Creek Inc is a registered charity in United States, based in Williamsport, MD. It received its IRS tax-exemption ruling in July 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Homewood Living Plum Creek Inc reported income of $34.5m and spending of $32.2m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $31.2m to $34.5m (+10%), an average of +2.5% a year. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Homewood Living Plum Creek Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within MD. Charities of a similar size with the same main cause include Panhandle Community Services ($34.4m), Helping Hands Ministries Inc ($34.5m) and Bible Fellowship Church Homes Inc ($34.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $209k (0.6% of expenses). Other salaries and wages came to $12.9m. At year end it held assets of $63.5m against liabilities of $41.6m, net assets of $21.9m.