Coeur Dalene Homes Phase II Inc

Analysis

Coeur Dalene Homes Phase II Inc is a registered charity in United States, based in Coeur Dalene, ID. It received its IRS tax-exemption ruling in October 2007, 19 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Coeur Dalene Homes Phase II Inc reported income of $4.7m and spending of $4.8m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.4m to $4.7m (+38%), an average of +8.5% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 103% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Coeur Dalene Homes Phase II Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within ID. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($4.7m), Central Illinois Friends of Pwa Inc ($4.7m) and Chattanooga Neighborhood Enterprise Inc ($4.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Other salaries and wages came to $3.0m. At year end it held assets of $5.1m against liabilities of $4.4m, net assets of $762k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.