Home Builders Foundation of Greater Baton Rouge

Analysis

Home Builders Foundation of Greater Baton Rouge is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in September 2003, 23 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Home Builders Foundation of Greater Baton Rouge reported income of $51k and spending of $26k, leaving 50% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $20k to $51k (+155%), an average of +37% a year. The sharpest change came in the year to December 2021, when income rose by 520%. Over the whole period it spent 110% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Home Builders Foundation of Greater Baton Rouge sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 20th percentile within LA. Charities of a similar size with the same main cause include Developing Economic Opportunities Community Development Corporation ($51k), Atascadero Printery Foundation ($51k) and Uniondale Neighborhood Center ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.1% of the total. At year end it held assets of $82k against liabilities of $1,861, net assets of $80k.