Concord House of Charleston Inc

Analysis

Concord House of Charleston Inc is a registered charity in United States, based in Huntington, WV. It received its IRS tax-exemption ruling in October 2003, 23 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, Concord House of Charleston Inc reported income of $129k and spending of $121k, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $115k to $129k (+12%), an average of +2.8% a year. The sharpest change came in the year to June 2022, when income rose by 17%. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Concord House of Charleston Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 40th percentile within WV. Charities of a similar size with the same main cause include United Latino Fund ($129k), Kimball Glassco Residential Center Inc ($129k) and Bravest Football Club Inc ($129k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. Other salaries and wages came to $13k. At year end it held assets of $386k against liabilities of $18k, net assets of $368k.