Concord Coalition to End Homelessness

Analysis

Concord Coalition to End Homelessness is a registered charity in United States, based in Concord, NH. It received its IRS tax-exemption ruling in August 2009, 17 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, Concord Coalition to End Homelessness reported income of $1.3m and spending of $1.1m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $543k to $1.3m (+141%), an average of +25% a year. The sharpest change came in the year to June 2021, when income rose by 156%. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Concord Coalition to End Homelessness sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within NH. Charities of a similar size with the same main cause include Missouri-Madison River TR ($1.3m), Reach of Haywood County Inc ($1.3m) and Main Stay Therapeutic Farm Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% of the total. Compensation of current officers, directors and key employees was $156k (14% of expenses). Other salaries and wages came to $495k. At year end it held assets of $2.7m against liabilities of $700k, net assets of $2.0m. It reported 30 employees.