Regional Task Force on the Homeless Inc

Analysis

Regional Task Force on the Homeless Inc is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in June 2005, 21 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, Regional Task Force on the Homeless Inc reported income of $26.1m and spending of $19.6m, leaving 25% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.5m to $26.1m (+642%), an average of +65% a year. The sharpest change came in the year to June 2020, when income rose by 178%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Regional Task Force on the Homeless Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Atherton Baptist Homes ($26.1m), Young Mens Christian Association Buffalo Niagara ($26.1m) and Young Mens Christian Association of the Pikes Peak Region ($26.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 3.3% of the total. Compensation of current officers, directors and key employees was $417k (2.1% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $29.8m against liabilities of $20.6m, net assets of $9.2m. It reported 34 employees.