Charity House Inc

Analysis

Charity House Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Charity House Inc reported income of $153k and spending of $131k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $88k to $153k (+75%), an average of +75% a year. The sharpest change came in the year to December 2023, when income rose by 75%. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Charity House Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within IN. Charities of a similar size with the same main cause include Eunice Best Wright Charitable Trust ($153k), Equality and Inclusion in Hospitality Inc ($153k) and Humanity for Children ($153k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 12% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.