Help Works Homes Inc

Analysis

Help Works Homes Inc is a registered charity in United States, based in Bartlesville, OK. It received its IRS tax-exemption ruling in July 2001, 25 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 2023, Help Works Homes Inc reported income of $185k and spending of $216k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $148k to $185k (+25%), an average of +5.8% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 130% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Help Works Homes Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 53rd percentile within OK. Charities of a similar size with the same main cause include Cleveland Supported Housing Inc ($185k), 21 Plus Foundation Inc ($186k) and Prosperity Way Inc ($185k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $401k against liabilities of $30k, net assets of $371k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.