Homeless Coalition of Cherokee County

Analysis

Homeless Coalition of Cherokee County is a registered charity in United States, based in Woodstock, GA. It received its IRS tax-exemption ruling in May 2021, 5 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, Homeless Coalition of Cherokee County reported income of $131k and spending of $99k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $86k to $131k (+53%), an average of +53% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 84% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Homeless Coalition of Cherokee County sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 46th percentile within GA. Charities of a similar size with the same main cause include Plan Homes Inc ($131k), Twin Oaks Apartments Inc ($131k) and Cedar Street Senior Apartments Inc ($131k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $82k against liabilities of $0, net assets of $82k.