Strategies to End Homelessness Inc

Analysis

Strategies to End Homelessness Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in November 2007, 19 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 December 2023, Strategies to End Homelessness Inc reported income of $34.0m and spending of $33.4m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $24.3m to $34.0m (+39%), an average of +8.7% a year. The sharpest change came in the year to December 2020, when income rose by 30%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Strategies to End Homelessness 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 OH. Charities of a similar size with the same main cause include Chattanooga Area Food Bank Inc ($33.9m), Behavioral Health Services of Somerset and Bedford Counties ($34.0m) and The Arc Mercer Inc ($33.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $289k (0.9% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $11.5m against liabilities of $4.6m, net assets of $6.9m. It reported 41 employees.