Capital Area Alliance for the Homeless

Analysis

Capital Area Alliance for the Homeless is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in March 1998, 28 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Capital Area Alliance for the Homeless reported income of $692k and spending of $896k, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $614k to $692k (+13%), an average of +3.0% a year. The sharpest change came in the year to December 2020, when income rose by 27%. Over the whole period it spent 103% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Capital Area Alliance for the Homeless sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within LA. Charities of a similar size with the same main cause include 1909 Foundation ($691k), International Union of Operating Engineers Local 627 Training Fund ($692k) and Making It Count Community Development ($691k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 41% of the total. Other salaries and wages came to $404k. At year end it held assets of $404k against liabilities of $25k, net assets of $379k. It reported 11 employees.