Home Headquarters Inc
Home Headquarters Inc: Strong Growth, High Program Spending, but Transparency Lacking on Key Details
EIN: 222982267 · Syracuse, NY · NTEE: L25 · Updated: 2026-04-04
About Home Headquarters Inc
Home Headquarters Inc (EIN: 222982267) is a nonprofit organization based in Syracuse, NY, classified under NTEE code L25. The organization reported total revenue of $38.2M and total assets of $128.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Home Headquarters Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Home Headquarters Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Home Headquarters Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation information is not readily available in the provided data, making a specific assessment impossible without further filings.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Home Headquarters Inc's IRS 990 filings:
- Lack of detailed executive compensation disclosure.
- Limited public access to specific program impact metrics and detailed governance information.
Strengths
The following positive indicators were identified for Home Headquarters Inc:
- Consistent revenue growth from $9.7M in 2017 to $32.1M in 2024.
- Strong asset growth from $37.0M in 2017 to $94.1M in 2024.
- High percentage of expenses allocated to programs (85% based on 2024 data, $27,145,916 out of $32,118,712 total expenses).
Frequently Asked Questions about Home Headquarters Inc
What does Home Headquarters Inc do?
Home Headquarters Inc is a nonprofit organization in the Housing & Shelter sector, located in Syracuse, New York. It is classified under NTEE code L25.
How much revenue does Home Headquarters Inc have?
Home Headquarters Inc reported total revenue of $38,221,291. Based on 14 IRS 990 filings on record.
What are Home Headquarters Inc's total assets?
Home Headquarters Inc holds total assets of $128,553,959 as reported in IRS 990 filings.
Where is Home Headquarters Inc located?
Home Headquarters Inc is based in Syracuse, New York.
What is Home Headquarters Inc's EIN?
Home Headquarters Inc's Employer Identification Number (EIN) is 222982267. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Home Headquarters Inc?
Home Headquarters Inc is classified under NTEE code L25 (Housing & Shelter).
Is Home Headquarters Inc a registered 501(c)(3)?
Yes, Home Headquarters Inc is recognized as a tax-exempt organization by the IRS. EIN: 222982267.
Does Home Headquarters Inc file IRS Form 990?
Yes, Home Headquarters Inc has 14 IRS Form 990 filings on record. The most recent covers tax period 202404.
What was Home Headquarters Inc's revenue in 2024?
In the 202404 filing period, Home Headquarters Inc reported total revenue of $32,118,712, total expenses of $27,145,916, and net assets of $94,107,056.
Is Home Headquarters Inc's revenue growing or declining?
Home Headquarters Inc's revenue is growing. Revenue went from $24,478,705 (202304) to $32,118,712 (202404), a +31.2% change. Based on 14 filings on record.
What is Home Headquarters Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Home Headquarters Inc covers tax period 202404. It shows revenue of $32,118,712, expenses of $27,145,916, total assets of $94,107,056, and liabilities of $39,255,441.
How much does Home Headquarters Inc spend on programs vs administration?
Based on IRS 990 analysis, Home Headquarters Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Home Headquarters Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Home Headquarters Inc appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 3 strengths noted.
What are the red flags for Home Headquarters Inc?
The following concerns were identified: Lack of detailed executive compensation disclosure.. Limited public access to specific program impact metrics and detailed governance information.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Home Headquarters Inc's strengths?
Positive indicators for Home Headquarters Inc include: Consistent revenue growth from $9.7M in 2017 to $32.1M in 2024.. Strong asset growth from $37.0M in 2017 to $94.1M in 2024.. High percentage of expenses allocated to programs (85% based on 2024 data, $27,145,916 out of $32,118,712 total expenses).. These findings are derived from AI analysis of the organization's financial filings.
How does Home Headquarters Inc compensate executives?
Executive compensation information is not readily available in the provided data, making a specific assessment impossible without further filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Home Headquarters Inc?
• Financial statements are available, but detailed program breakdowns are not easily accessible. • Specific impact metrics beyond general statements are not readily provided. • Board meeting minutes or detailed governance policies are not publicly available. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the significant growth in revenue and assets, what specific strategies has Home Headquarters Inc. implemented to scale its programs effectively while maintaining its high program spending ratio?
While the data shows strong financial growth and a high program spending ratio, the specific strategies for scaling programs effectively are not detailed in the provided financial filings. Further operational reports or annual reviews would be needed to answer this.
How does Home Headquarters Inc. ensure that its substantial asset base, which grew from $37.0M in 2017 to $94.1M in 2024, is being optimally utilized to further its mission?
The financial data indicates significant asset growth, but it does not detail the specific utilization strategies for these assets. An analysis of their investment portfolio, property usage, or other asset-backed initiatives would be required to assess optimal utilization.
Filing History
IRS 990 filing history for Home Headquarters Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Home Headquarters Inc's revenue has grown by 207.4%, moving from $10.4M to $32.1M. Total assets increased by 153.8% over the same period, from $37.1M to $94.1M. Total functional expenses rose by 223.6%, from $8.4M to $27.1M. In its most recent filing year (2024), Home Headquarters Inc reported a surplus of $5.0M, with revenue exceeding expenses. The organization holds $39.3M in liabilities against $94.1M in assets (debt-to-asset ratio: 41.7%), resulting in net assets of $54.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $32.1M | $27.1M | $94.1M | $39.3M | — | View 990 |
| 2023 | $24.5M | $20.4M | $78.4M | $28.5M | — | — |
| 2022 | $16.7M | $14.0M | $69.0M | $23.2M | — | View 990 |
| 2021 | $11.9M | $9.7M | $61.7M | $18.6M | — | — |
| 2020 | $15.8M | $13.2M | $54.0M | $13.2M | — | View 990 |
| 2019 | $14.2M | $11.4M | $48.2M | $10.4M | — | View 990 |
| 2018 | $9.2M | $7.9M | $43.0M | $7.9M | — | View 990 |
| 2017 | $9.7M | $9.4M | $37.1M | $3.5M | — | View 990 |
| 2016 | $11.6M | $10.1M | $36.8M | $3.1M | — | View 990 |
| 2015 | $10.4M | $7.2M | $36.5M | $4.3M | — | View 990 |
| 2014 | $10.4M | $7.0M | $34.4M | $5.4M | — | View 990 |
| 2013 | $9.7M | $8.8M | $33.7M | $8.1M | — | View 990 |
| 2012 | $10.8M | $9.4M | $37.5M | $12.8M | — | View 990 |
| 2011 | $10.4M | $8.4M | $37.1M | $13.8M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $32.1M, expenses of $27.1M, and assets of $94.1M (revenue +31.2% year-over-year).
- 2023: Revenue of $24.5M, expenses of $20.4M, and assets of $78.4M (revenue +46.5% year-over-year).
- 2022: Revenue of $16.7M, expenses of $14.0M, and assets of $69.0M (revenue +40.0% year-over-year).
- 2021: Revenue of $11.9M, expenses of $9.7M, and assets of $61.7M (revenue -24.3% year-over-year).
- 2020: Revenue of $15.8M, expenses of $13.2M, and assets of $54.0M (revenue +11.4% year-over-year).
- 2019: Revenue of $14.2M, expenses of $11.4M, and assets of $48.2M (revenue +53.6% year-over-year).
- 2018: Revenue of $9.2M, expenses of $7.9M, and assets of $43.0M (revenue -5.2% year-over-year).
- 2017: Revenue of $9.7M, expenses of $9.4M, and assets of $37.1M (revenue -15.9% year-over-year).
- 2016: Revenue of $11.6M, expenses of $10.1M, and assets of $36.8M (revenue +11.1% year-over-year).
- 2015: Revenue of $10.4M, expenses of $7.2M, and assets of $36.5M (revenue +0.2% year-over-year).
- 2014: Revenue of $10.4M, expenses of $7.0M, and assets of $34.4M (revenue +6.9% year-over-year).
- 2013: Revenue of $9.7M, expenses of $8.8M, and assets of $33.7M (revenue -10.4% year-over-year).
- 2012: Revenue of $10.8M, expenses of $9.4M, and assets of $37.5M (revenue +3.9% year-over-year).
- 2011: Revenue of $10.4M, expenses of $8.4M, and assets of $37.1M.
Data Sources and Methodology
This transparency report for Home Headquarters Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.