The Homeowners Employment Corporation

Analysis

The Homeowners Employment Corporation is a registered charity in United States, based in Conyers, GA. It received its IRS tax-exemption ruling in November 2011, 15 years ago. Its declared purposes cover employment, 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 September 2023, The Homeowners Employment Corporation reported income of $187k and spending of $132k, leaving 29% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $92k to $187k (+102%), an average of +102% a year. The sharpest change came in the year to September 2023, when income rose by 102%. Over the whole period it spent 87% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, The Homeowners Employment Corporation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 55th percentile within GA. Charities of a similar size with the same main cause include Main Street Marshfield Inc ($187k), Afghan Womens and Kids Education & Necessities Inc ($187k) and Greater Fergus Falls Corp ($187k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 98% and program service revenue 2.1% of the total. At year end it held assets of $81k against liabilities of $0, net assets of $81k.