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You Can Make It Homeownership Center Inc

RegisteredEIN 83-0423384Smyrna, TNEducation and training
Income$226k2023-12
Spending$188ksame year
Spent / received110%3-year average
Size in its cause56th pctEducation and training
Exempt since2006Publicly supported organisat
Employees1latest return

Analysis

You Can Make It Homeownership Center Inc is a registered charity in United States, based in Smyrna, TN. It received its IRS tax-exemption ruling in April 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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, You Can Make It Homeownership Center Inc reported income of $226k and spending of $188k, spending 83% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $215k to $226k (+4.9%), an average of +2.4% a year. The sharpest change came in the year to December 2023, when income rose by 116%. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, You Can Make It Homeownership Center Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 57th percentile within TN. Charities of a similar size with the same main cause include Institute of Arts Music & Science a California Non Profit Public Ben ($226k), Achievement Rewards for College Scientists Foundation Inc Los Ange ($226k) and Leadership Kauai ($226k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.0% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $65k (35% of expenses). At year end it held assets of $133k against liabilities of $76k, net assets of $57k. It reported 1 employees.

Income and spending

$0$58k$117k$175k$233k2019 Income: $215,4492019 Spending: $233,32320192022 Income: $104,6402022 Spending: $180,25720222023 Income: $226,0452023 Spending: $188,0922023
IncomeSpending

Where the income comes from

  • Contributions & grants 5.8%
  • Program services 94%

Similar-sized charities, same cause

CharityLocationIncome
Institute of Arts Music & Science a California Non Profit Public BenBellflower$226k
Achievement Rewards for College Scientists Foundation Inc Los AngeTorrance$226k
Leadership KauaiLihue$226k
Bethesda-Chevy Chase High School Educational Foundation IncChevy Chase$226k