South Whidbey Homeless Coalition

Analysis

South Whidbey Homeless Coalition is a registered charity in United States, based in Langley, WA. It received its IRS tax-exemption ruling in February 2015, 11 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, South Whidbey Homeless Coalition reported income of $620k and spending of $741k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $434k to $620k (+43%), an average of +9.3% a year. The sharpest change came in the year to December 2021, when income rose by 58%. Over the whole period it spent 89% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, South Whidbey Homeless Coalition sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within WA. Charities of a similar size with the same main cause include Northwest Communities Development Corporation ($620k), Open Hearts and Homes for Children ($620k) and W O L Inc ($620k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $88k (12% of expenses). Other salaries and wages came to $270k. At year end it held assets of $892k against liabilities of $414k, net assets of $478k. It reported 11 employees.