HTP Homes Inc

Analysis

HTP Homes Inc is a registered charity in United States, based in Bethesda, MD. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, HTP Homes Inc reported income of $334k and spending of $337k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $328k to $334k (+1.8%), an average of +1.8% a year. Over the whole period it spent 104% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, HTP Homes Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within MD. Charities of a similar size with the same main cause include Seafood Harvesters of America Education Fund ($334k), Friends of Career Solutions ($334k) and Homsite Fund Inc ($334k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $164k. At year end it held assets of $23k against liabilities of $170k, net assets of -$147k. It reported 2 employees.