Broward Coalition for the Homeless Inc

Analysis

Broward Coalition for the Homeless Inc is a registered charity in United States, based in Ft Lauderdale, FL. It received its IRS tax-exemption ruling in July 1993, 33 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Broward Coalition for the Homeless Inc reported income of $110k and spending of $172k, spending 156% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $223k to $110k (-51%), an average of -21% a year. The sharpest change came in the year to December 2022, when income dropped by 29%. Over the whole period it spent 86% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Broward Coalition for the Homeless Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 43rd percentile within FL. Charities of a similar size with the same main cause include Rosebud Grove Inc ($110k), Cof Integrated Living Inc ($110k) and Tanasi Housing Development Corporation ($110k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $44k (26% of expenses). Other salaries and wages came to $7,200. At year end it held assets of $114k against liabilities of $0, net assets of $114k. It reported 1 employees.