Seven Hills Homeless Center
Analysis
Seven Hills Homeless Center is a registered charity in United States, based in Fayetteville, AR. It received its IRS tax-exemption ruling in April 2001, 25 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, Seven Hills Homeless Center reported income of $1.6m and spending of $2.1m, spending 130% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.6m to $1.6m (-1.0%), an average of -0.3% a year. Over the whole period it spent 98% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Seven Hills Homeless Center sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within AR. Charities of a similar size with the same main cause include Kens Krew Inc ($1.6m), Lilburn Cooperative Ministry Inc ($1.6m) and Prevail Incorporated ($1.6m).
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 $212k (10% of expenses). Other salaries and wages came to $823k. At year end it held assets of $2.6m against liabilities of $175k, net assets of $2.4m. It reported 22 employees.
Income and spending
Where the income comes from
- Contributions & grants 98%
- Program services 2.0%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Kens Krew Inc | New York | $1.6m |
| Lilburn Cooperative Ministry Inc | Lilburn | $1.6m |
| Prevail Incorporated | Noblesville | $1.6m |
| Casa of South Central Nebraska | Hastings | $1.6m |