Fargo Moorhead Coalition for Homeless Persons

Analysis

Fargo Moorhead Coalition for Homeless Persons is a registered charity in United States, based in Fargo, ND. It received its IRS tax-exemption ruling in May 2007, 19 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, Fargo Moorhead Coalition for Homeless Persons reported income of $208k and spending of $193k, spending 93% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $250k to $208k (-17%), an average of -6.0% a year. The sharpest change came in the year to December 2022, when income dropped by 41%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fargo Moorhead Coalition for Homeless Persons sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 48th percentile within ND. Charities of a similar size with the same main cause include Building Dreams for Marines Inc ($208k), Water Angel Ministries Inc ($208k) and Great Marriages for Sheboygan County Inc ($208k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 3.7% of the total. Other salaries and wages came to $125k. At year end it held assets of $250k against liabilities of $5,919, net assets of $244k. It reported 5 employees.