Sullivan County Federation for the Homeless Inc

Analysis

Sullivan County Federation for the Homeless Inc is a registered charity in United States, based in Monticello, NY. It received its IRS tax-exemption ruling in July 1989, 37 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, Sullivan County Federation for the Homeless Inc reported income of $873k and spending of $882k, spending 101% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $522k to $873k (+67%), an average of +19% a year. The sharpest change came in the year to June 2023, when income rose by 20%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sullivan County Federation for the Homeless Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Casa de Los Pobres U S a ($872k), Night Stalker Foundation Inc ($873k) and Irish Cultural and Learning Foundation ($872k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $65k (7.4% of expenses). Other salaries and wages came to $96k. At year end it held assets of $868k against liabilities of $5,081, net assets of $863k. It reported 10 employees.