Homeless Assistance Leadership Organization Incorporated

Analysis

Homeless Assistance Leadership Organization Incorporated is a registered charity in United States, based in Racine, WI. It received its IRS tax-exemption ruling in February 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, Homeless Assistance Leadership Organization Incorporated reported income of $2.8m and spending of $3.4m, spending 121% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.6m to $2.8m (+6.2%), an average of +2.0% a year. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Homeless Assistance Leadership Organization Incorporated 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 89th percentile within WI. Charities of a similar size with the same main cause include Organization for Refugee and Immigrant Success ($2.8m), Mattoon Area Young Mens Christian Association ($2.8m) and Mississippi County Interagency Acouncil ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 0.3% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $4.2m against liabilities of $1.7m, net assets of $2.5m. It reported 46 employees.