Tioga County Homeless Initiative

Analysis

Tioga County Homeless Initiative is a registered charity in United States, based in Mansfield, PA. It received its IRS tax-exemption ruling in June 2012, 14 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, Tioga County Homeless Initiative reported income of $257k and spending of $169k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $340k to $257k (-24%), an average of -6.8% a year. The sharpest change came in the year to December 2022, when income rose by 77%. Over the whole period it spent 41% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tioga County Homeless Initiative sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within PA. Charities of a similar size with the same main cause include Her Safety Net ($257k), Yoga Gives Back ($257k) and Presbyterian Villege North ($257k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $48k (28% of expenses). Other salaries and wages came to $32k. At year end it held assets of $1.2m against liabilities of $324, net assets of $1.2m. It reported 2 employees.