Southern Coalition for Housing Opportunities

Analysis

Southern Coalition for Housing Opportunities is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in June 2005, 21 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Southern Coalition for Housing Opportunities reported income of $1.6m and spending of $1.9m, spending 122% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $1.7m to $1.6m (-10%), an average of -3.6% a year. The sharpest change came in the year to December 2022, when income rose by 44%. Over the whole period it spent 121% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Southern Coalition for Housing Opportunities sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Samaritan Houses Inc ($1.6m), Central Peninsula Health Foundation ($1.6m) and Family Planning Center of Ocean County Inc ($1.6m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 13% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $50k (2.6% of expenses). Other salaries and wages came to $972k. At year end it held assets of $1.0m against liabilities of $3.2m, net assets of -$2.1m. It reported 39 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.