Almost Home Ministries

Analysis

Almost Home Ministries is a registered charity in United States, based in Saint Albans, WV. It received its IRS tax-exemption ruling in October 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, Almost Home Ministries reported income of $399k and spending of $353k, spending 88% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $144k to $399k (+177%), an average of +67% a year. The sharpest change came in the year to December 2022, when income rose by 70%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Almost Home Ministries 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 67th percentile, and in the 65th percentile within WV. Charities of a similar size with the same main cause include Safe Passage Inc ($399k), Next to Parents Daycare Inc ($400k) and Aces Youth Home Inc ($399k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $71k (20% of expenses). Other salaries and wages came to $82k. At year end it held assets of $87k against liabilities of $7,557, net assets of $79k. It reported 16 employees.