Home4me

Analysis

Home4me is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Home4me reported income of $93k and spending of $93k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $79k to $93k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Home4me sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within NC. Charities of a similar size with the same main cause include Survivors of Blue Suicide Foundation Inc ($93k), Denton Child Development Center ($93k) and Elle Foundation Inc ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $3,475 against liabilities of $0, net assets of $3,475.