Almost Home Inc

Analysis

Almost Home Inc is a registered charity in United States, based in Brighton, CO. It received its IRS tax-exemption ruling in December 1993, 33 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Almost Home Inc reported income of $5.0m and spending of $5.3m, spending 105% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.1m to $5.0m (+344%), an average of +64% a year. The sharpest change came in the year to June 2021, when income rose by 162%. Over the whole period it spent 101% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Almost Home Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CO. Charities of a similar size with the same main cause include Mishawum Park Tenants Association Inc ($5.0m), Liberty Affordable Housing Inc ($5.0m) and CH Pennsylvania Under - 21 ($5.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $107k (2.0% of expenses). Other salaries and wages came to $925k. At year end it held assets of $1.9m against liabilities of $1.0m, net assets of $930k. It reported 37 employees.