Coalition for the Homeless of Pasco

Analysis

Coalition for the Homeless of Pasco is a registered charity in United States, based in New PRT Rchy, FL. It received its IRS tax-exemption ruling in May 1989, 37 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) 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 Pasco reported income of $3.6m and spending of $3.5m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $3.6m (+225%), an average of +34% a year. The sharpest change came in the year to June 2021, when income rose by 129%. Over the whole period it spent 100% 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 Pasco sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within FL. Charities of a similar size with the same main cause include Dream Home Care Inc ($3.6m), National Foundation for Infectious Diseases ($3.6m) and USA Bobsled Skeleton Inc ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 2.4% of the total. Other salaries and wages came to $711k. At year end it held assets of $1.5m against liabilities of $1.7m, net assets of -$188k. It reported 10 employees.