Tarrant County Homeless Coalition

Analysis

Tarrant County Homeless Coalition is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in February 1998, 28 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 December 2023, Tarrant County Homeless Coalition reported income of $7.9m and spending of $5.5m, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $7.9m (+262%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 116%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tarrant County Homeless Coalition sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include Iona Senior Services ($7.9m), Hungry for Christ ($7.9m) and Family Nurturing Center of Massachusetts Inc ($7.9m).

On its Form 990 for the period ending December 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 $116k (2.1% of expenses). Other salaries and wages came to $1.6m. It paid $26k in professional fundraising fees. At year end it held assets of $2.9m against liabilities of $224k, net assets of $2.7m. It reported 36 employees.