Homies Unidos Inc

Analysis

Homies Unidos Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in March 2000, 26 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Homies Unidos Inc reported income of $992k and spending of $873k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $416k to $992k (+139%), an average of +24% a year. The sharpest change came in the year to December 2020, when income rose by 88%. Over the whole period it spent 97% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Homies Unidos Inc 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 St Andrew Legal Clinic ($992k), Muslim Advocates ($993k) and Friends of Children-Detroit ($992k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $61k (7.0% of expenses). Other salaries and wages came to $453k. At year end it held assets of $389k against liabilities of $174k, net assets of $215k. It reported 14 employees.