Home Resource

Analysis

Home Resource is a registered charity in United States, based in Missoula, MT. It received its IRS tax-exemption ruling in June 2005, 21 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Home Resource reported income of $1.1m and spending of $1.4m, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.1m (+12%), an average of +2.8% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 101% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Home Resource sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within MT. Charities of a similar size with the same main cause include Reforest the Tropics Inc ($1.1m), Lummi Island Heritage Trust ($1.1m) and Three Bays Preservation Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $85k (6.1% of expenses). Other salaries and wages came to $727k. At year end it held assets of $3.0m against liabilities of $1.7m, net assets of $1.2m. It reported 50 employees.