American Roundtable to Abolish Homelessness Inc

Analysis

American Roundtable to Abolish Homelessness Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in June 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 December 2023, American Roundtable to Abolish Homelessness Inc reported income of $287k and spending of $579k, spending 202% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $308k to $287k (-6.9%), an average of -2.4% a year. The sharpest change came in the year to December 2021, when income rose by 82%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, American Roundtable to Abolish Homelessness Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within MA. Charities of a similar size with the same main cause include Minot Area Homeless Coalition Inc ($287k), Faith Tabernacle Ministries Inc ($287k) and Treasure Valley Childrens Theater ($287k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.9% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $230k (40% of expenses). At year end it held assets of $33k against liabilities of $117k, net assets of -$84k. It reported 1 employees.