Parkersburg Area Coalition for the Homeless Inc

Analysis

Parkersburg Area Coalition for the Homeless Inc is a registered charity in United States, based in Parkersburg, WV. It received its IRS tax-exemption ruling in January 1998, 28 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 2023, Parkersburg Area Coalition for the Homeless Inc reported income of $190k and spending of $78k, leaving 59% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $85k to $190k (+122%), an average of +122% a year. The sharpest change came in the year to December 2023, when income rose by 122%. Over the whole period it spent 53% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Parkersburg Area Coalition for the Homeless Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within WV. Charities of a similar size with the same main cause include Classic Mike Loyer Foundation Inc ($190k), Port Washington Adult Activities Center Inc ($190k) and Loft Community Partnership ($190k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 78% of the total. At year end it held assets of $300k against liabilities of $1,043, net assets of $299k.