Hometown Service Coalition

Analysis

Hometown Service Coalition is a registered charity in United States, based in Mountain City, TN. It received its IRS tax-exemption ruling in October 2020, 6 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hometown Service Coalition reported income of $167k and spending of $234k, spending 140% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $153k to $167k (+9.4%), an average of +9.4% a year. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Hometown Service Coalition sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 51st percentile within TN. Charities of a similar size with the same main cause include Safe City Place ($167k), Village Improvement Association Inc ($167k) and Rotary Club of New Braunfels Foundation ($167k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 4.6% and program service revenue 95% of the total. At year end it held assets of $127k against liabilities of $20k, net assets of $107k.