Coalition for the Homeless Inc
Analysis
Coalition for the Homeless Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in December 1982, 44 years ago. 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, Coalition for the Homeless Inc reported income of $7.0m and spending of $6.8m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $7.0m to $7.0m (-0.4%), an average of -0.1% a year. Over the whole period it spent 97% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Coalition for the Homeless Inc 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 83rd percentile within DC. Charities of a similar size with the same main cause include St Vincent de Paul Society District Council ($7.0m), Area Agency on Aging for Lincolnland Inc ($7.0m) and San Diego Eye Bank ($7.0m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $348k (5.1% of expenses). Other salaries and wages came to $4.0m. At year end it held assets of $8.3m against liabilities of $1.5m, net assets of $6.8m. It reported 120 employees.
Income and spending
Where the income comes from
- Contributions & grants 97%
- Program services 1.6%
- Other 1.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| St Vincent de Paul Society District Council | Omaha | $7.0m |
| Area Agency on Aging for Lincolnland Inc | Springfield | $7.0m |
| San Diego Eye Bank | San Diego | $7.0m |
| Central Minnesota Jobs and Training Services Inc | Monticello | $7.0m |