Home Again Richmond

Analysis

Home Again Richmond is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in September 1981, 45 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 Again Richmond reported income of $2.6m and spending of $2.6m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.4m to $2.6m (+6.9%), an average of +1.7% a year. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Home Again Richmond sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within VA. Charities of a similar size with the same main cause include Empower 225 ($2.6m), Stoddard Baptist Home Foundation Inc ($2.6m) and Community Havens Inc ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.2% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $1.2m against liabilities of $73k, net assets of $1.1m. It reported 47 employees.