Homeless Prevention Council Inc

Analysis

Homeless Prevention Council Inc is a registered charity in United States, based in Orleans, MA. It received its IRS tax-exemption ruling in March 1994, 32 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Homeless Prevention Council Inc reported income of $2.2m and spending of $1.7m, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $664k to $2.2m (+231%), an average of +35% a year. The sharpest change came in the year to June 2023, when income rose by 64%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Homeless Prevention Council Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MA. Charities of a similar size with the same main cause include Comfort Food of Washington County ($2.2m), North Central Area Transit ($2.2m) and The American Breast Cancer Foundation Inc ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% of the total. Other salaries and wages came to $757k. At year end it held assets of $2.0m against liabilities of $712k, net assets of $1.3m. It reported 15 employees.