Homeless Coalition of Palm Beach County Inc

Analysis

Homeless Coalition of Palm Beach County Inc is a registered charity in United States, based in Delray Beach, FL. It received its IRS tax-exemption ruling in January 1990, 36 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 September 2023, Homeless Coalition of Palm Beach County Inc reported income of $2.7m and spending of $1.6m, leaving 40% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.6m to $2.7m (+68%), an average of +14% a year. The sharpest change came in the year to September 2020, when income rose by 25%. Over the whole period it spent 65% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Homeless Coalition of Palm Beach County Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within FL. Charities of a similar size with the same main cause include Boat People S O S Inc ($2.7m), Nihonmachi Little Friends ($2.7m) and Dawn - Domestic Abuse Womens Network ($2.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 106% of the total. Other salaries and wages came to $190k. At year end it held assets of $955k against liabilities of $29k, net assets of $926k. It reported 7 employees.