San Luis Valley Housing Coalition Inc

Analysis

San Luis Valley Housing Coalition Inc is a registered charity in United States, based in Alamosa, CO. It received its IRS tax-exemption ruling in February 1995, 31 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, San Luis Valley Housing Coalition Inc reported income of $3.0m and spending of $1.5m, leaving 48% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $296k to $3.0m (+912%), an average of +78% a year. The sharpest change came in the year to December 2023, when income rose by 143%. Over the whole period it spent 64% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, San Luis Valley Housing Coalition Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within CO. Charities of a similar size with the same main cause include Illinois Valley Public Action to Deliver Shelter - IV Pads ($3.0m), Satellite Senior Homes II Inc ($3.0m) and Habitat for Humanity International Inc ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $101k (6.5% of expenses). Other salaries and wages came to $147k. At year end it held assets of $16.1m against liabilities of $11.9m, net assets of $4.2m. It reported 7 employees.