Treasure Coast Homeless Service Council Inc

Analysis

Treasure Coast Homeless Service Council Inc is a registered charity in United States, based in Vero Beach, FL. It received its IRS tax-exemption ruling in December 2000, 26 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 2022, Treasure Coast Homeless Service Council Inc reported income of $4.3m and spending of $4.3m, spending 100% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $1.5m to $4.3m (+196%), an average of +44% a year. The sharpest change came in the year to December 2020, when income rose by 136%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Treasure Coast Homeless Service Council Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include Boyds Kinsman Home Inc ($4.3m), Elder Care Alliance ($4.3m) and Tri-County Community Action Agency Inc ($4.3m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 91% and program service revenue 8.7% of the total. Other salaries and wages came to $580k. At year end it held assets of $5.4m against liabilities of $134k, net assets of $5.2m. It reported 13 employees.