Homeless & Hunger Coalition of NWFL Dba Doorways of NWFL

Analysis

Homeless & Hunger Coalition of NWFL Dba Doorways of NWFL is a registered charity in United States, based in Panama City, FL. It received its IRS tax-exemption ruling in December 1988, 38 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, Homeless & Hunger Coalition of NWFL Dba Doorways of NWFL reported income of $1.1m and spending of $1.2m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $595k to $1.1m (+89%), an average of +17% a year. The sharpest change came in the year to June 2021, when income rose by 205%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Homeless & Hunger Coalition of NWFL Dba Doorways of NWFL sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within FL. Charities of a similar size with the same main cause include Equality Health Center ($1.1m), St Francis of Assisi Residences at Braintree Inc ($1.1m) and Northeast Wyoming Community Health Foundation ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $42k (3.6% of expenses). Other salaries and wages came to $171k. At year end it held assets of $215k against liabilities of $143k, net assets of $72k. It reported 20 employees.