The Marshall County Home Place Inc the Home Place

Analysis

The Marshall County Home Place Inc the Home Place is a registered charity in United States, based in Guntersville, AL. It received its IRS tax-exemption ruling in April 1997, 29 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 December 2022, The Marshall County Home Place Inc the Home Place reported income of $426k and spending of $403k, spending 95% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $339k to $426k (+26%), an average of +7.9% a year. The sharpest change came in the year to December 2020, when income rose by 15%. Over the whole period it spent 88% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, The Marshall County Home Place Inc the Home Place sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within AL. Charities of a similar size with the same main cause include Marian Homes ($426k), Oakhouse Inc a Non-Profit Housing Corporation ($426k) and Golden Cross Senior Ministries Inc ($426k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 24% and program service revenue 76% of the total. Other salaries and wages came to $47k. At year end it held assets of $1.7m against liabilities of $824k, net assets of $837k. It reported 10 employees.