Sierra House Inc

Analysis

Sierra House Inc is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in August 1994, 32 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 September 2023, Sierra House Inc reported income of $54k and spending of $63k, spending 117% of what it took in. Across the 3 years on record, from September 2021 to September 2023, income fell from $55k to $54k (-2.4%), an average of -1.2% a year. Over the whole period it spent 117% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sierra House Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 21st percentile within HI. Charities of a similar size with the same main cause include Uptown Foundation Inc ($54k), High Country Chiropractic Knightsof the Round Table ($54k) and Habitat for Humanity International Inc ($54k).

On its Form 990-EZ for the period ending September 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $436k against liabilities of $670k, net assets of -$234k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.