Northlake Homeless Coalition

Analysis

Northlake Homeless Coalition is a registered charity in United States, based in Slidell, LA. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Northlake Homeless Coalition reported income of $4.0m and spending of $1.1m, leaving 74% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $345k to $4.0m (+1062%), an average of +85% a year. The sharpest change came in the year to December 2023, when income rose by 209%. Over the whole period it spent 60% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Northlake Homeless Coalition sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within LA. Charities of a similar size with the same main cause include Savant Preparatory Academy Inc ($4.0m), Olive Children Foundation ($4.0m) and Youth Entrepreneurs Inc ($4.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $484k. At year end it held assets of $4.6m against liabilities of $1.6m, net assets of $3.0m. It reported 8 employees.