Fountain House Group Home

Analysis

Fountain House Group Home is a registered charity in United States, based in Vinita, OK. It received its IRS tax-exemption ruling in August 1984, 42 years ago. 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 June 2023, Fountain House Group Home reported income of $649k and spending of $650k, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $522k to $649k (+24%), an average of +5.6% a year. The sharpest change came in the year to June 2021, when income rose by 20%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fountain House Group Home sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within OK. Charities of a similar size with the same main cause include Wyoming Symphony Orchestra ($649k), Brookline School Staff Childrens CE Nter Inc Lincoln Primary School ($649k) and PTA Texas Congress ($649k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $79k (12% of expenses). At year end it held assets of $632k against liabilities of $84k, net assets of $549k. It reported 23 employees.