Community Alliance for the Homeless Inc

Analysis

Community Alliance for the Homeless Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in November 1995, 31 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 June 2023, Community Alliance for the Homeless Inc reported income of $2.5m and spending of $2.4m, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.8m to $2.5m (+36%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 28%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Alliance for the Homeless Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within TN. Charities of a similar size with the same main cause include Arab American Association of Ny Inc ($2.5m), Foundation for Financial Planning Inc ($2.5m) and Pathways Next Step Inc ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 2.0% of the total. Compensation of current officers, directors and key employees was $97k (4.0% of expenses). Other salaries and wages came to $906k. At year end it held assets of $1.3m against liabilities of $796k, net assets of $544k. It reported 21 employees.