Off the Streets Inc

Analysis

Off the Streets Inc is a registered charity in United States, based in Bethel, CT. It received its IRS tax-exemption ruling in September 2014, 12 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, Off the Streets Inc reported income of $439k and spending of $492k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $216k to $439k (+103%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Off the Streets Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within CT. Charities of a similar size with the same main cause include Helping Hand Me Downs ($439k), Family Voices Colorado Inc ($439k) and Covenant Childrens Home Inc ($439k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $260k against liabilities of $0, net assets of $260k.