House N2 Home Inc

Analysis

House N2 Home Inc is a registered charity in United States, based in Ypsilanti, MI. It received its IRS tax-exemption ruling in March 2021, 5 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 December 2023, House N2 Home Inc reported income of $432k and spending of $343k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $378k to $432k (+14%), an average of +14% a year. Over the whole period it spent 84% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, House N2 Home Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within MI. Charities of a similar size with the same main cause include Keith County Housing Development Corporation ($432k), SNHS Elderly Housing IV Inc ($432k) and Harrison Haven ($432k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $74k. At year end it held assets of $281k against liabilities of $2,106, net assets of $279k. It reported 12 employees.