Three Hots & a Cot

Analysis

Three Hots & a Cot is a registered charity in United States, based in Center Point, AL. It received its IRS tax-exemption ruling in May 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, Three Hots & a Cot reported income of $382k and spending of $480k, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $472k to $382k (-19%), an average of -5.1% a year. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Three Hots & a Cot sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within AL. Charities of a similar size with the same main cause include God Gear Inc ($382k), Leo Meyer Manor Inc ($382k) and Home Partnership of Cecil County Inc ($382k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. Other salaries and wages came to $102k. It paid $4,450 in professional fundraising fees. At year end it held assets of $648k against liabilities of $54k, net assets of $594k. It reported 2 employees.