North Carolina Coalition to End Homelessness Inc

Analysis

North Carolina Coalition to End Homelessness Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in March 2001, 25 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 2022, North Carolina Coalition to End Homelessness Inc reported income of $2.9m and spending of $2.9m, spending 100% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $3.1m to $2.9m (-6.9%), an average of -2.3% a year. The sharpest change came in the year to December 2022, when income rose by 35%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, North Carolina Coalition to End Homelessness Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within NC. Charities of a similar size with the same main cause include Dream Center Bismarck ($2.9m), Domestic Violence Service Center Inc ($2.9m) and D M Ministries Community Development Corporation ($2.9m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 96% and program service revenue 3.7% of the total. Compensation of current officers, directors and key employees was $208k (7.2% of expenses). Other salaries and wages came to $760k. At year end it held assets of $2.2m against liabilities of $1.2m, net assets of $1.1m. It reported 18 employees.