Changing Homelessness Inc

Analysis

Changing Homelessness Inc is a registered charity in United States, based in Jacksonville, FL. 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 2023, Changing Homelessness Inc reported income of $13.9m and spending of $14.5m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.1m to $13.9m (+128%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Changing Homelessness Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within FL. Charities of a similar size with the same main cause include Larc Inc ($13.9m), Texas Native Health ($13.9m) and Y M C a of Westfield N J ($13.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $4.4m. At year end it held assets of $4.4m against liabilities of $2.3m, net assets of $2.1m. It reported 116 employees.