Home Again Foundation Inc

Analysis

Home Again Foundation Inc is a registered charity in United States, based in Matthews, NC. It received its IRS tax-exemption ruling in April 2019, 7 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 December 2023, Home Again Foundation Inc reported income of $169k and spending of $239k, spending 142% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $462k to $169k (-63%), an average of -40% a year. The sharpest change came in the year to December 2022, when income dropped by 64%. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Home Again Foundation Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within NC. Charities of a similar size with the same main cause include Seattle Childrens Hospital ($169k), New Haven Preservation Trust Inc ($169k) and Saginaw Band Boosters ($169k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% of the total. Compensation of current officers, directors and key employees was $57k (24% of expenses). At year end it held assets of $1.6m against liabilities of $744k, net assets of $808k. It reported 1 employees.