Heading for Home Foundation Inc

Analysis

Heading for Home Foundation Inc is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in May 2023, 3 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 2023, Heading for Home Foundation Inc reported income of $82k and spending of $97k, spending 117% of what it took in. The sharpest change came in the year to December 2023, when income dropped by 59%. Over the whole period it spent 34% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Heading for Home Foundation Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 22nd percentile within PR. Charities of a similar size with the same main cause include Stonington Soccer Club Inc ($82k), Centennial Hawks Football Boosters ($82k) and Steamboat Girls Lacrosse ($82k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $186k against liabilities of $200k, net assets of -$14k.