National Coalition for Homeless Veterans

Analysis

National Coalition for Homeless Veterans is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 1994, 32 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 September 2023, National Coalition for Homeless Veterans reported income of $1.7m and spending of $1.2m, leaving 29% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $953k to $1.7m (+76%), an average of +15% a year. The sharpest change came in the year to September 2022, when income rose by 50%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, National Coalition for Homeless Veterans sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 64th percentile within DC. Charities of a similar size with the same main cause include Hopes Outlet Ministries Inc ($1.7m), Feeding Our Communities with United Services Inc ($1.7m) and Global Cleveland ($1.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 65% and program service revenue 32% of the total. Compensation of current officers, directors and key employees was $135k (11% of expenses). Other salaries and wages came to $379k. At year end it held assets of $2.0m against liabilities of $463k, net assets of $1.6m. It reported 8 employees.