Coalition for Homeless Intervention and Prevention of Greater Indianap

Analysis

Coalition for Homeless Intervention and Prevention of Greater Indianap is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in January 1989, 37 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, Coalition for Homeless Intervention and Prevention of Greater Indianap reported income of $5.5m and spending of $2.2m, leaving 61% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $5.5m (+211%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 148%. Over the whole period it spent 72% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Coalition for Homeless Intervention and Prevention of Greater Indianap sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within IN. Charities of a similar size with the same main cause include Housing for Health Orange County Inc ($5.5m), The Orchards at Southington Inc ($5.5m) and Emilys Place Inc ($5.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.3% of the total. Other salaries and wages came to $692k. At year end it held assets of $7.8m against liabilities of $3.3m, net assets of $4.6m. It reported 11 employees.