Nameless Coalition for the Homeless

Analysis

Nameless Coalition for the Homeless is a registered charity in United States, based in Bemidji, MN. It received its IRS tax-exemption ruling in January 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, Nameless Coalition for the Homeless reported income of $1.2m and spending of $703k, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $177k to $1.2m (+582%), an average of +62% a year. The sharpest change came in the year to December 2023, when income rose by 105%. Over the whole period it spent 76% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Nameless Coalition for the Homeless sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MN. Charities of a similar size with the same main cause include Higher Ground International ($1.2m), Parkland Manor Inc ($1.2m) and The Mount Zion Suburban Apartments Inc ($1.2m).

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 $83k (12% of expenses). Other salaries and wages came to $450k. At year end it held assets of $1.4m against liabilities of $17k, net assets of $1.4m. It reported 17 employees.