Licking County Coalition for Housing

Analysis

Licking County Coalition for Housing is a registered charity in United States, based in Newark, OH. It received its IRS tax-exemption ruling in May 1993, 33 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 June 2023, Licking County Coalition for Housing reported income of $3.3m and spending of $3.4m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.4m to $3.3m (+35%), an average of +7.8% a year. The sharpest change came in the year to June 2021, when income rose by 66%. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Licking County Coalition for Housing sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within OH. Charities of a similar size with the same main cause include Salt and Light Company Inc ($3.3m), Vermont Community Loan Fund Inc ($3.3m) and The Health Educational and Housing Facility Board of the City of Memp ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 101% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $195k (5.8% of expenses). Other salaries and wages came to $861k. At year end it held assets of $2.3m against liabilities of $307k, net assets of $2.0m. It reported 26 employees.