Terry Home a Non-Profit Corporation

Analysis

Terry Home a Non-Profit Corporation is a registered charity in United States, based in Auburn, WA. It received its IRS tax-exemption ruling in May 1991, 35 years ago. 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, Terry Home a Non-Profit Corporation reported income of $1.2m and spending of $1.2m, spending 101% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $864k to $1.2m (+39%), an average of +6.8% a year. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Terry Home a Non-Profit Corporation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within WA. Charities of a similar size with the same main cause include Rehabilitation Institute Inc ($1.2m), Alabama a & M University Foundation ($1.2m) and Cornerstone Counseling Center of Chicago Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 27% of the total. Other salaries and wages came to $713k. At year end it held assets of $2.3m against liabilities of $362k, net assets of $1.9m. It reported 28 employees.