Blessed Homes LLC

Analysis

Blessed Homes LLC is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in February 2008, 18 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, Blessed Homes LLC reported income of $342k and spending of $394k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $252k to $342k (+36%), an average of +7.9% a year. The sharpest change came in the year to December 2020, when income rose by 28%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Blessed Homes LLC sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 61st percentile within MO. Charities of a similar size with the same main cause include Rockingham County Help for Homeless Inc ($341k), Workable Career Trends ($342k) and Cancer Kickers Soccer Club ($341k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.9% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $4,080 (1.0% of expenses). Other salaries and wages came to $227k. At year end it held assets of $156k against liabilities of $14k, net assets of $142k. It reported 12 employees.