Spanish Coalition for Housing

Analysis

Spanish Coalition for Housing is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 1974, 52 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 (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, Spanish Coalition for Housing reported income of $2.5m and spending of $2.3m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $2.5m (+37%), an average of +8.2% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Spanish Coalition for Housing sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within IL. Charities of a similar size with the same main cause include Habitat for Humanity of Greater Pittsburgh ($2.5m), Townspeople ($2.5m) and Lovejoy Special Needs Center Corporation ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $4.6m against liabilities of $1.1m, net assets of $3.5m. It reported 40 employees.