National Law Center on Homelessness and Poverty

Analysis

National Law Center on Homelessness and Poverty is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 1989, 37 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, National Law Center on Homelessness and Poverty reported income of $2.2m and spending of $2.1m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $2.2m (+98%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 58%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Law Center on Homelessness and Poverty sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 68th percentile within DC. Charities of a similar size with the same main cause include Apprenticeship Training Fund Local 138 ($2.2m), Sikh Temple Sacramento ($2.2m) and Ken-Crest Workers Compensation Trust ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $180k (8.6% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $1.2m against liabilities of $159k, net assets of $1.0m. It reported 20 employees.