West Boulevard Neighborhood Coalition
Analysis
West Boulevard Neighborhood Coalition is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, West Boulevard Neighborhood Coalition reported income of $399k and spending of $300k, leaving 25% of income unspent that year. Across the 3 years on record, from December 2020 to December 2023, income grew from $248k to $399k (+61%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 79% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, West Boulevard Neighborhood Coalition sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within NC. Charities of a similar size with the same main cause include Senior Heritage Plaza Inc ($399k), Northern Virginia Affordable Housing Alliance ($399k) and Semiperm Housing Development Fund Corporation ($399k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $89k (30% of expenses). Other salaries and wages came to $13k. At year end it held assets of $527k against liabilities of $84k, net assets of $443k. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Program services 0.5%
- Other 0.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Senior Heritage Plaza Inc | Colorado SPGS | $399k |
| Northern Virginia Affordable Housing Alliance | Reston | $399k |
| Semiperm Housing Development Fund Corporation | New York | $399k |
| A & S Community Development Corporation | Houston | $400k |