Congregations for the Homeless

Analysis

Congregations for the Homeless is a registered charity in United States, based in Bellevue, WA. It received its IRS tax-exemption ruling in February 2012, 14 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, Congregations for the Homeless reported income of $7.6m and spending of $6.6m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.3m to $7.6m (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2021, when income rose by 63%. 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, Congregations for the Homeless sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within WA. Charities of a similar size with the same main cause include Jha Assisted Living Inc ($7.6m), Lathrop Community Inc ($7.6m) and Cambridge Affordable Housing Corporation ($7.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $280k (4.2% of expenses). Other salaries and wages came to $2.3m. It paid $112k in professional fundraising fees. At year end it held assets of $29.3m against liabilities of $16.7m, net assets of $12.5m. It reported 73 employees.