Big Bend Homeless Coalition Inc

Analysis

Big Bend Homeless Coalition Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in August 1989, 37 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 September 2023, Big Bend Homeless Coalition Inc reported income of $6.3m and spending of $6.4m, spending 102% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.7m to $6.3m (+70%), an average of +14% a year. The sharpest change came in the year to September 2021, when income rose by 37%. 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, Big Bend Homeless Coalition Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within FL. Charities of a similar size with the same main cause include Foundation of Cognitive Therapy and Research ($6.3m), Knox School ($6.3m) and Los Rios Foundation ($6.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 91% and program service revenue 7.5% of the total. Compensation of current officers, directors and key employees was $218k (3.4% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $6.3m against liabilities of $556k, net assets of $5.8m. It reported 86 employees.