Veterans & Community Housing Coalition Inc

Analysis

Veterans & Community Housing Coalition Inc is a registered charity in United States, based in Ballston Spa, NY. It received its IRS tax-exemption ruling in August 1983, 43 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Veterans & Community Housing Coalition Inc reported income of $3.0m and spending of $2.6m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $3.0m (+45%), an average of +9.8% a year. The sharpest change came in the year to December 2022, when income rose by 61%. Over the whole period it spent 81% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Veterans & Community Housing Coalition Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Rocky Mountain Community Land Trust ($3.0m), Bethany House of Nassau County Corporation ($3.0m) and Opportunities for Housing Resources and Assistance Inc ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $87k (3.4% of expenses). Other salaries and wages came to $673k. At year end it held assets of $5.0m against liabilities of $319k, net assets of $4.7m. It reported 32 employees.