Roswell Homeless Coalition Inc

Analysis

Roswell Homeless Coalition Inc is a registered charity in United States, based in Roswell, NM. It received its IRS tax-exemption ruling in March 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, Roswell Homeless Coalition Inc reported income of $163k and spending of $120k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $306k to $163k (-47%), an average of -47% a year. The sharpest change came in the year to December 2023, when income dropped by 47%. Over the whole period it spent 43% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Roswell Homeless Coalition Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within NM. Charities of a similar size with the same main cause include Magnolia Heights Housing Corporation ($163k), Roxbury Development Corporation ($163k) and Mesa Supportive Housing Inc ($163k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $30k. At year end it held assets of $385k against liabilities of $0, net assets of $385k. It reported 6 employees.