Central Louisiana Coalition to Prevent Homelessness Inc

Analysis

Central Louisiana Coalition to Prevent Homelessness Inc is a registered charity in United States, based in Alexandria, LA. It received its IRS tax-exemption ruling in April 1994, 32 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Central Louisiana Coalition to Prevent Homelessness Inc reported income of $463k and spending of $630k, spending 136% of what it took in. Across the 4 years on record, from May 2020 to May 2023, income fell from $511k to $463k (-9.4%), an average of -3.2% a year. The sharpest change came in the year to May 2021, when income rose by 56%. Over the whole period it spent 116% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Central Louisiana Coalition to Prevent Homelessness Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within LA. Charities of a similar size with the same main cause include Davidson Housing Coalition ($463k), Ahepa-Penelope District One Apartments of Hoover Inc ($463k) and 16 15 Outfitters ($463k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $55k (8.7% of expenses). Other salaries and wages came to $228k. At year end it held assets of $466k against liabilities of $243k, net assets of $223k. It reported 9 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.