Coalition for the Homeless of Central Florida Inc

Analysis

Coalition for the Homeless of Central Florida Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in September 1987, 39 years ago. 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, Coalition for the Homeless of Central Florida Inc reported income of $9.2m and spending of $9.2m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.8m to $9.2m (+57%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 111%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Coalition for the Homeless of Central Florida Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within FL. Charities of a similar size with the same main cause include Vilcap Inc ($9.2m), United Rehabilitation Services of Greater Dayton ($9.2m) and Autism Center of Nebraska Inc ($9.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $156k (1.7% of expenses). Other salaries and wages came to $3.9m. At year end it held assets of $17.1m against liabilities of $435k, net assets of $16.7m. It reported 187 employees.