Southwest Florida Regional Coalition to End Homelessness Inc
Analysis
Southwest Florida Regional Coalition to End Homelessness Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in May 2002, 24 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 December 2022, Southwest Florida Regional Coalition to End Homelessness Inc reported income of $1.7m and spending of $1.6m, spending 95% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $328k to $1.7m (+419%), an average of +73% a year. The sharpest change came in the year to December 2020, when income rose by 114%. Over the whole period it spent 93% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Southwest Florida Regional Coalition to End Homelessness Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within FL. Charities of a similar size with the same main cause include Missionshare International ($1.7m), Emerald Isle Immigration Center Inc ($1.7m) and Zion Institute ($1.7m).
On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $104k (6.5% of expenses). Other salaries and wages came to $377k. At year end it held assets of $578k against liabilities of $18k, net assets of $560k. It reported 8 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Missionshare International | San Antonio | $1.7m |
| Emerald Isle Immigration Center Inc | Woodside | $1.7m |
| Zion Institute | Phoenix | $1.7m |
| Inglewood Residential and Community Services | Kenmore | $1.7m |