Help the Homeless Ri

Analysis

Help the Homeless Ri is a registered charity in United States, based in Cranston, RI. It received its IRS tax-exemption ruling in May 2016, 10 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, Help the Homeless Ri reported income of $128k and spending of $109k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $267k to $128k (-52%), an average of -52% a year. The sharpest change came in the year to December 2023, when income dropped by 52%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Help the Homeless Ri sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 39th percentile within RI. Charities of a similar size with the same main cause include Straight From the Heart Inc ($128k), Richland County 4-H Foundation ($128k) and Kids Campaign Inc ($128k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $39k against liabilities of $0, net assets of $39k.