Habayit Home Away From Home Inc

Analysis

Habayit Home Away From Home Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in April 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 (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, Habayit Home Away From Home Inc reported income of $621k and spending of $227k, leaving 63% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $621k (+1084%), an average of +1084% a year. The sharpest change came in the year to December 2023, when income rose by 1084%. Over the whole period it spent 40% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Habayit Home Away From Home Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include National Capital Treatment and Recovery Property Management ($620k), Plaza View II Inc ($621k) and Cornerstone Folsom Gardens Corporation II ($620k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.4m against liabilities of $1.0m, net assets of $400k.