National Coalition for the Homeless Inc

Analysis

National Coalition for the Homeless Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 1988, 38 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 June 2023, National Coalition for the Homeless Inc reported income of $1.8m and spending of $1.9m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $416k to $1.8m (+322%), an average of +43% a year. The sharpest change came in the year to June 2021, when income rose by 275%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Coalition for the Homeless Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 64th percentile within DC. Charities of a similar size with the same main cause include St Benedict Center for Early Childhood Education Inc ($1.8m), Create Ca ($1.8m) and First Analysis Institute ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $217k (11% of expenses). Other salaries and wages came to $502k. At year end it held assets of $431k against liabilities of $91k, net assets of $341k. It reported 14 employees.