Homeless Outreach Mitigation and Emergency Center

Analysis

Homeless Outreach Mitigation and Emergency Center is a registered charity in United States, based in San Marcos, TX. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Homeless Outreach Mitigation and Emergency Center reported income of $97k and spending of $113k, spending 116% of what it took in. Across the 2 years on record, from December 2021 to December 2023, income fell from $144k to $97k (-32%), an average of -32% a year. The sharpest change came in the year to December 2023, when income dropped by 32%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Homeless Outreach Mitigation and Emergency Center sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within TX. Charities of a similar size with the same main cause include The Breadbasket ($97k), Hay Springs School-Community Foundation ($97k) and United Community Service Incorporated ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $29k against liabilities of $3,093, net assets of $26k.