Project H O M E

Analysis

Project H O M E is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in May 1992, 34 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, Project H O M E reported income of $932k and spending of $935k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $998k to $932k (-6.6%), an average of -1.7% a year. Over the whole period it spent 103% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Project H O M E sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 75th percentile within AZ. Charities of a similar size with the same main cause include Bridge Investment Community Development Corporation ($932k), Black Men Coalition Foundation ($933k) and Upward-Unitingprofessionalwomen Acceleratingrelationships& ($931k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $60k (6.4% of expenses). Other salaries and wages came to $475k. At year end it held assets of $224k against liabilities of $25k, net assets of $199k. It reported 13 employees.