Workforce Housing Coalition of the Greater Seacoast

Analysis

Workforce Housing Coalition of the Greater Seacoast is a registered charity in United States, based in Portsmouth, NH. It received its IRS tax-exemption ruling in August 2009, 17 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, Workforce Housing Coalition of the Greater Seacoast reported income of $222k and spending of $125k, leaving 44% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $150k to $222k (+48%), an average of +48% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 66% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Workforce Housing Coalition of the Greater Seacoast sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 58th percentile within NH. Charities of a similar size with the same main cause include Caribou Congregate Housing Development Corporation Inc ($222k), Missions Senior Community Inc ($222k) and Aaa Elderly Housing-Brett H Bradshaw Manor Inc ($222k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $82k (66% of expenses). At year end it held assets of $256k against liabilities of $0, net assets of $256k.