Group Home One Housing Corporation

Analysis

Group Home One Housing Corporation is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in June 2022, 4 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Group Home One Housing Corporation reported income of $56k and spending of $51k, spending 92% of its income. Across the 3 years on record, from June 2009 to June 2024, income grew from $46k to $56k (+21%), an average of +10% a year. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Group Home One Housing Corporation sits at the 12th percentile: it is larger than about 12% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 18th percentile within NM. Charities of a similar size with the same main cause include Hope Ministry Project Inc ($56k), Palmer Senior Housing Inc ($56k) and Teresa Gardens Inc ($56k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $84k against liabilities of $32k, net assets of $52k.