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West Boulevard Neighborhood Coalition

RegisteredEIN 30-0401238Charlotte, NCHousing and shelter
Income$399k2023-12
Spending$300ksame year
Spent / received79%3-year average
Size in its cause52nd pctHousing and shelter
Exempt since2007Publicly supported organisat
Employees2latest return

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

$0$100k$200k$299k$399k2020 Income: $248,2162020 Spending: $195,01620202022 Income: $260,8252022 Spending: $225,89820222023 Income: $399,2232023 Spending: $299,9822023
IncomeSpending

Where the income comes from

  • Contributions & grants 99%
  • Program services 0.5%
  • Other 0.5%

Similar-sized charities, same cause

CharityLocationIncome
Senior Heritage Plaza IncColorado SPGS$399k
Northern Virginia Affordable Housing AllianceReston$399k
Semiperm Housing Development Fund CorporationNew York$399k
A & S Community Development CorporationHouston$400k