Seattle-King County Coalition on Homelessness

Analysis

Seattle-King County Coalition on Homelessness is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in February 2018, 8 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, Seattle-King County Coalition on Homelessness reported income of $672k and spending of $839k, spending 125% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $501k to $672k (+34%), an average of +6.0% a year. The sharpest change came in the year to December 2019, when income rose by 138%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Seattle-King County Coalition on Homelessness sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within WA. Charities of a similar size with the same main cause include Club 21 Learning and Resource Center Inc ($672k), Turnaround Incorporated ($672k) and Adults Working and Advocating for Kids Empowerment Awake ($672k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $126k (15% of expenses). Other salaries and wages came to $301k. It paid $3,675 in professional fundraising fees. At year end it held assets of $974k against liabilities of $108k, net assets of $866k. It reported 6 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.