Home4me Incorporated

Analysis

Home4me Incorporated is a registered charity in United States, based in Randallstown, MD. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 2022, Home4me Incorporated reported income of $121k and spending of $152k, spending 125% of what it took in. Over the whole period it spent 125% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Home4me Incorporated 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 42nd percentile, and in the 43rd percentile within MD. Charities of a similar size with the same main cause include Foundation for the Council on Alcohol and Drug Abuse-Houston Inc ($121k), Holiday City-Berkeley First Aid Squad ($121k) and Reach Out for Life ($121k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $31k (20% of expenses). Other salaries and wages came to $47k. At year end it held assets of $15k against liabilities of $109k, net assets of -$94k. It reported 5 employees.

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.