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West Virginia Coalition to End Homelessness Inc

RegisteredEIN 55-0784381Bridgeport, WVPoverty relief
Income$6.9m2023-06
Spending$6.8msame year
Spent / received98%5-year average
Size in its cause92nd pctPoverty relief
Exempt since2010Publicly supported organisat
Employees67latest return

Analysis

West Virginia Coalition to End Homelessness Inc is a registered charity in United States, based in Bridgeport, WV. It received its IRS tax-exemption ruling in April 2010, 16 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, West Virginia Coalition to End Homelessness Inc reported income of $6.9m and spending of $6.8m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.5m to $6.9m (+176%), an average of +29% a year. The sharpest change came in the year to June 2020, when income rose by 151%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, West Virginia Coalition to End Homelessness Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within WV. Charities of a similar size with the same main cause include YWCA Greenwich Connecticut Inc ($6.9m), Mercy Center Corporation ($6.9m) and Harford Community Action Agency Inc ($6.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 4.7% of the total. Compensation of current officers, directors and key employees was $185k (2.7% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $2.3m against liabilities of $1.8m, net assets of $544k. It reported 67 employees.

Income and spending

$0$1.8m$3.7m$5.5m$7.4m2019 Income: $2,510,6952019 Spending: $2,585,65620192020 Income: $6,298,8062020 Spending: $4,002,59520202021 Income: $6,094,2832021 Spending: $7,358,47020212022 Income: $6,740,7562022 Spending: $7,098,54020222023 Income: $6,923,6402023 Spending: $6,808,7222023
IncomeSpending

Where the income comes from

  • Contributions & grants 95%
  • Program services 4.7%
  • Other 0.5%

Similar-sized charities, same cause

CharityLocationIncome
YWCA Greenwich Connecticut IncGreenwich$6.9m
Mercy Center CorporationAsbury Park$6.9m
Harford Community Action Agency IncEdgewood$6.9m
American Society for Nutrition IncRockville$6.9m