Your Hometown Collective Inc

Analysis

Your Hometown Collective Inc is a registered charity in United States, based in Altoona, IA. It received its IRS tax-exemption ruling in January 2023, 3 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Your Hometown Collective Inc reported income of $208k and spending of $143k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $71k to $208k (+193%), an average of +193% a year. The sharpest change came in the year to December 2023, when income rose by 193%. Over the whole period it spent 51% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Your Hometown Collective Inc 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 55th percentile, and in the 55th percentile within IA. Charities of a similar size with the same main cause include Raising Readers in Story County ($208k), Safely Somewhere Foundation ($208k) and Oromo Community Inc MPLS St Paul ($208k).

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 $136k against liabilities of $0, net assets of $136k.