5cities Homeless Coalition

Analysis

5cities Homeless Coalition is a registered charity in United States, based in Grover Beach, CA. 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, 5cities Homeless Coalition reported income of $5.4m and spending of $4.3m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to June 2023, income grew from $2.1m to $5.4m (+158%), an average of +27% a year. The sharpest change came in the year to June 2022, when income rose by 219%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, 5cities Homeless Coalition sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Jafco Childrens Ability Center Inc ($5.4m), Outpost Centers International ($5.4m) and Just Compassion of East Washington County ($5.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $106k (2.5% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $3.9m against liabilities of $1.0m, net assets of $2.9m. It reported 43 employees.