Lee County Homeless Coalition Inc

Analysis

Lee County Homeless Coalition Inc is a registered charity in United States, based in Lehigh Acres, FL. It received its IRS tax-exemption ruling in July 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, Lee County Homeless Coalition Inc reported income of $266k and spending of $196k, leaving 26% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $183k to $266k (+46%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 50%. 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, Lee County Homeless Coalition Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within FL. Charities of a similar size with the same main cause include Premiere Charities Inc ($266k), Gaining Ground ($266k) and Next Step Clubhouse ($266k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $79k (40% of expenses). At year end it held assets of $326k against liabilities of $48k, net assets of $278k. It reported 3 employees.