Babies of Homelessness

Analysis

Babies of Homelessness is a registered charity in United States, based in Bothell, WA. It received its IRS tax-exemption ruling in February 2017, 9 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, Babies of Homelessness reported income of $452k and spending of $641k, spending 142% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $203k to $452k (+123%), an average of +22% a year. The sharpest change came in the year to December 2020, when income rose by 85%. Over the whole period it spent 98% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Babies of Homelessness sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within WA. Charities of a similar size with the same main cause include Hancock Estates Corp ($452k), Dekalb Throop Housing Development Fund Company Inc ($452k) and Housing Innovations & Programming ($452k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $86k (13% of expenses). Other salaries and wages came to $78k. It paid $864 in professional fundraising fees. At year end it held assets of $204k against liabilities of $41k, net assets of $163k. It reported 3 employees.