Cultural Homestay International

Analysis

Cultural Homestay International is a registered charity in United States, based in San Rafael, CA. It received its IRS tax-exemption ruling in June 1977, 49 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 October 2023, Cultural Homestay International reported income of $13.9m and spending of $11.6m, spending 83% of its income. Across the 5 years on record, from October 2019 to October 2023, income fell from $14.5m to $13.9m (-4.1%), an average of -1.0% a year. The sharpest change came in the year to October 2020, when income dropped by 55%. Over the whole period it spent 90% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Cultural Homestay International sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Ashesi University Foundation ($13.8m), Tov Vchesed Foundation Inc ($13.9m) and Istanbul International Community School Inc ($13.8m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 0.1% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $652k (5.6% of expenses). Other salaries and wages came to $3.6m. At year end it held assets of $17.1m against liabilities of $5.6m, net assets of $11.5m. It reported 99 employees.