Better Housing Coalition

Analysis

Better Housing Coalition is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in December 1988, 38 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Better Housing Coalition reported income of $7.4m and spending of $5.2m, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.9m to $7.4m (+50%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 42%. Over the whole period it spent 53% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Better Housing Coalition 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 94th percentile within VA. Charities of a similar size with the same main cause include Sheltercare ($7.4m), Linc Community Development Corporation ($7.4m) and New Hope Community Capital Inc ($7.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 105% and program service revenue 2.2% of the total. Other salaries and wages came to $1.9m. At year end it held assets of $48.2m against liabilities of $17.2m, net assets of $31.1m. It reported 89 employees.