Cabell - Huntington Coalition for the Homeless Inc

Analysis

Cabell - Huntington Coalition for the Homeless Inc is a registered charity in United States, based in Huntington, WV. It received its IRS tax-exemption ruling in October 1987, 39 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 June 2023, Cabell - Huntington Coalition for the Homeless Inc reported income of $3.5m and spending of $3.5m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.8m to $3.5m (+100%), an average of +19% a year. The sharpest change came in the year to June 2020, when income rose by 45%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cabell - Huntington Coalition for the Homeless Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within WV. Charities of a similar size with the same main cause include Golden Girl Inc ($3.5m), Northstar Foundation ($3.5m) and Magnolia Specialized Services Inc ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $69k (2.0% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $2.3m against liabilities of $977k, net assets of $1.3m. It reported 92 employees.