Homeless Helping Homeless

Analysis

Homeless Helping Homeless is a registered charity in United States, based in Saint Cloud, MN. It received its IRS tax-exemption ruling in April 2020, 6 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, Homeless Helping Homeless reported income of $416k and spending of $436k, spending 105% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $749k to $416k (-44%), an average of -18% a year. The sharpest change came in the year to December 2021, when income dropped by 46%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Homeless Helping Homeless sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within MN. Charities of a similar size with the same main cause include Mba-Mi Mundo Daycare LLC ($416k), Calvary Episcopal Church Food Panty Inc ($416k) and Lifeline of Northwest Arkansas ($416k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $16k (3.8% of expenses). Other salaries and wages came to $62k. At year end it held assets of $12k against liabilities of $0, net assets of $12k. It reported 31 employees.