Golden Homes Inc

Analysis

Golden Homes Inc is a registered charity in United States, based in Torrington, WY. It received its IRS tax-exemption ruling in December 1978, 48 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 May 2024, Golden Homes Inc reported income of $215k and spending of $213k, spending 99% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $188k to $215k (+14%), an average of +3.4% a year. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Golden Homes Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within WY. Charities of a similar size with the same main cause include Pine Hill Fire Department Inc ($215k), Los Banos Portuguese D E S Association ($215k) and The Worcester County Arts Council Inc ($215k).

On its Form 990 for the period ending May 2024, revenue came from program service revenue 99% of the total. At year end it held assets of $611k against liabilities of $455k, net assets of $156k.