Verde Valley Homeless Coalition

Analysis

Verde Valley Homeless Coalition is a registered charity in United States, based in Cottonwood, AZ. It received its IRS tax-exemption ruling in July 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, Verde Valley Homeless Coalition reported income of $1.2m and spending of $302k, leaving 75% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $262k to $1.2m (+355%), an average of +113% a year. The sharpest change came in the year to December 2022, when income rose by 369%. Over the whole period it spent 28% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Verde Valley Homeless Coalition sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 78th percentile within AZ. Charities of a similar size with the same main cause include Dinner Party Labs ($1.2m), Central Valley Immigrant Integration Collaborative ($1.2m) and LA Plaza de Encuentro Gathering Place ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Other salaries and wages came to $167k. At year end it held assets of $2.0m against liabilities of $6,452, net assets of $2.0m. It reported 9 employees.