Neighborhood Homework House

Analysis

Neighborhood Homework House is a registered charity in United States, based in Azusa, CA. It received its IRS tax-exemption ruling in October 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Neighborhood Homework House reported income of $955k and spending of $898k, spending 94% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $672k to $955k (+42%), an average of +9.2% a year. The sharpest change came in the year to June 2022, when income rose by 37%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Neighborhood Homework House sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Latona School Associates ($955k), Entrepreneurs Organization ($955k) and Wilson University Inc ($954k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 87% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $62k (7.0% of expenses). Other salaries and wages came to $326k. At year end it held assets of $789k against liabilities of $2,565, net assets of $786k. It reported 21 employees.